Marcus & Millichap is pleased to offer the opportunity to acquire a stabilized 15,000-square foot, multi-tenant retail center located in La Vernia, Texas. Anytime Fitness Strip Center is currently 100 percent occupied, and 75 percent of the gross leasable area has essential business tenants. The center is a complementary mix of internet-resistant tenants including Anytime Fitness, Connally Memorial Urgent Care, Momentum Physical Therapy, and Pharm House Drug Co. All current leases are triple net. The center was constructed in 2009 and is situated on a 2.87-acre lot.
Anytime Fitness Strip Center is located on Silverado Street and U.S. Highway 87. The center benefits from highway visibility and is easily accessible from multiple ingress and egress locations. Traffic counts on U.S. Highway 87 exceed 14,200 vehicles per day. The center is near many national retailers including Sonic, Burger King, O’Reilly Auto Parts, H-E-B Grocery, Whataburger, Subway, AutoZone, Best Western, Taco Bell, Napa Auto Parts, and more. Anytime Fitness Center is in close proximity to many schools providing additional traffic to the area. The surrounding area has strong demographics with a five mile average household income of $107,931.
- 15,000-Square Foot Multi-Tenant Retail Center
- 100% Occupied | All Leases are Triple-Net
- Complementary Mix of Internet-Resistant Tenants
- 75% of the Gross Leasable Area has Essential Business Tenants
- Building is 2009 Construction and Situated on a 2.87-Acre Lot with Concrete Parking
- Adjacent Land Included for Potential Future Development | Approved by the City to Construct a Building Up to 5,000-Square Feet
- Highway Visibility | Multiple Ingress and Egress Points
- Traffic Counts are 14,200 Vehicles per Day in Front of the Property
- Near Many National Retailers Including Sonic, Burger King, O’Reilly Auto Parts, H-E-B Grocery, Whataburger, Subway, AutoZone, Best Western, Taco Bell, Napa Auto Parts, and More
- Close Proximity to Many Schools, Providing Additional Traffic to the Area
- Strong Surrounding Demographics | Five Mile Average Household Income is $107,931
- Located 25 Miles East of Downtown San Antonio