Grandview Shopping Center

Sq. Ft.: 103,540
Built: 1978/ 2013
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CLICK TO VIEW GRANDVIEW SHOPPING CENTER OFFERING MEMORANDUM

  • Sprouts Grocery-Anchored, Multi-Tenant Retail Center | Tenant Reports Strong Sales per Square Foot and Rent-to-Sales Ratio | This Location Ranks #1 within a 30-Mile Radius and is in the 97th Percentile for the State of Texas Compared to Other Sprouts Stores Based on Store Traffic (source: Placer Labs Inc.)
  • 88% Occupied | All Leases are Triple-Net | Upside Potential in Leasing Vacant Space
  • Complementary Mix of Credit and Local TenantsĀ  | Sprouts, Dollar General, and Petco are all Publicly Traded Companies and Account for 42% of the Leasable Area
  • Center is Comprised of Two Multi-Tenant Buildings and Two Single-Tenant Buildings (Jimmy John’s and Las Palapas Restaurant) Situated on a Large 8.69-Acre Lot
  • Includes Two Large Pylon Signs Providing Additional Visibility to the Center
  • Strategically Located on Callaghan Road at the Intersection with Interstate 10 with Multiple Ingress and Egress Points
  • Traffic Counts on Interstate 10 are Approximately 188,738 Vehicles per Day and 17,238 Vehicles per Day on Callaghan Road
  • Serving an Extremely Dense Surrounding Population Exceeding 398,770 Within a Five-Mile Radius
  • Near the San Antonio Medical District | Home to South Texas Medical Center, the Only Medical Research and Care Provider in the South Texas Region | Employment of 56,000
  • Close Proximity to USAA Corporate Headquarters | Employment of 14,000
  • Located Approximately Six Miles from San Antonio International Airport | More Than 8.5 Million Passengers Annually
  • San Antonio is a Top Tourist Destination, Including Attractions Such as The Alamo, River Walk, SeaWorld, and Six Flags Fiesta Texas
  • Assumable Loan In Place | Interest Rate is 4.89% | Loan Maturity Date is September 2027