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Bandera Festival Shopping Center is a 194,501-square-foot, multi-tenant community shopping center located in San Antonio, Texas. Anchored by Crunch Fitness, Big Lots, and Dollar Tree, the center features a strong mix of retail, medical, and government businesses with staggered lease expiration dates, and the majority include schedule rent increases. The subject property is 100 percent occupied, and 80 percent of the gross leasable area has triple-net leases. The shopping center is comprised of two multi-tenant buildings and one single-tenant building that is on a ground lease with Taco Cabana, situated on a large 18.3-acre parcel with ample paved parking. The property also features a double-sided monument sign providing additional exposure to the center.
Bandera Festival Shopping Center is strategically located at the signalized intersection of Bandera Road and Guilbeau Road. The property is easily accessible from multiple ingress and egress points from both streets, with cumulative traffic counts of approximately 56,150 vehicles per day. The property is shadow-anchored by H-E-B and catty corner from Walmart Supercenter. Numerous national and regional retailers are in close proximity, including Buffalo Wild Wings, McDonald’s, Advance Auto Parts, KFC, Wendy’s Popeyes Louisiana Kitchen, KFC, Valvoline Instant Oil Change, Chase Bank, Goodwill, O’Reilly Auto Parts, T-Mobile, Fantastic Sam’s, Chipotle Mexican Grill, Burger King, and many more. Bandera Festival Shopping Center is approximately eight miles from several of the city’s major traffic drivers, including The University of Texas at San Antonio campus, Valero corporate office, and USAA headquarters. The surrounding area benefits from excellent demographics, serving a population of more than 338,730 within a five-mile radius. The average household income is $90,352 within one mile; $89,269 within three miles; and $83,508 within five miles.
- 194,501-Square-Foot, Multi-Tenant Community Center Strategically Located in a High-Traffic Retail Corridor Boasting Retail Sales of $5.5-$6.5 Billion Annually Within a Five-Mile Radius
- 100% Occupied | 80% of the Gross Leasable Area has NNN Leases | Upside Potential
- Anchored by Crunch Fitness, Big Lots, and Dollar Tree | Both Crunch Fitness and Dollar Tree are Top Performing Locations Based on Consumer Traffic (Placer.ai)
- Includes a Ground Lease with Taco Cabana | Long-Term Tenant for 33+ Years
- Complementary Mix of Retail, Medical, and Government Tenants
- Current Average Rents are Below Market
- Prime Location at the Signalized, Hard Corner of Bandera Road and Guilbeau Road | High Traffic Counts Exceeding 56,150 Vehicles Per Day | Easily Accessible from Multiple Ingress and Egress Points
- Situated on Four Land Parcels Totaling 18.3 Acres | Large Pylon Signage Provides Additional Exposure to the Center
- Includes a Pad Site Facing Guilbeau Road for Possible Future Development | Up to 8,000 Square Feet of Buildable Space
- Shadow-Anchored by H-E-B Grocery and Catty Corner from Walmart Supercenter
- Surrounding Area has Strong Demographics | Densely Populated with 338,730 Residents Within Five Miles | Average Household Income is $90,523 Within One Mile; $89,269 Within Three Miles; $83,508 Within Five Miles
