Marymont Business Park is a 100 percent leased, 31,503-square-foot, multi-tenant retail center located in a desirable area of northern San Antonio, Texas. Tenants are a complementary mix of internet-resistant and service-oriented businesses, including Wok This Way, Signarama, Texas Drug Screens, Accurate Automation and Controls, Graceland Psychiatric & Neuromodulation Center, Blue Ribbon Staffing, a church, Jui Jitsu Studio, and Dog Training Elite. Originally constructed in 1982, the building is situated on 2.06 acres with paved parking and a highly visible monument sign that provides additional exposure to the center.
Marymont Business Park is located on Northeast Interstate 410 Loop (Connally Loop) with traffic counts exceeding 216,300 vehicles per day. The subject property is surrounded by neighboring national and regional retailers including AutoZone Auto Parts, Arby’s, Subway, Academy Sports and Outdoors, QuikTrip, The Home Depot, Olive Garden, Applebee’s Grill + Bar, H-E-B, Lowe’s Home Improvement, Walmart Supercenter, and many more. Iron Horse Valley Apartments are adjacent to the subject property, having 464 multi-family units, and is within walking distance.
- 31,503-Square-Foot, Multi-Tenant Flex Retail Center Located in Densely Populated and High Traffic Area of Northern San Antonio
- 100% Leased | All Leases are Triple-Net
- Upside Potential | Well-Below Average Market Rents Provide Significant Room for Revenue Growth
- Diverse Tenant Mix Including Service Providers, a Restaurant, Medical Services, Light Manufacturing, and More
- Landlord Reports Recent Property Improvements within the Last Two Years Including Sealing the Parking Lot and Restriping, Exterior Painting, Landscaping Upgrades, and New LED Lighting
- Priced at $152 Per Square Foot | Below Replacement Cost
- Freeway Location on Northeast Interstate 410 Loop (Connally Loop) | Extremely High Traffic Counts of Roughly 216,300 Vehicles per Day, Cumulatively
- Interstate 35 is a Mile East of the Property and is Easily Accessible from Connally Loop
- Approximately Five Miles East of San Antonio International Airport | Serves more than 8.5 Million Passengers Annually
- Desirable Demographics | The Population Exceeds 265,548 Residents within a Five-Mile Radius | The Average Household Income is $83,626 | Daytime Employment of Approximately 150,000 Workers
- San Antonio is a Top Tourist Destination | The City Hosts 41 Million Visitors Annually | Also Home to Headquarters of Six Fortune 500 Companies Including Valero Energy, Andeavor, USAA, iHeartMedia, NuStar Energy, and CST Brands, Inc.
