Description
SRS Capital Markets has been exclusively retained to offer to qualified investors the rare opportunity to acquire Bandera Pointe (the “Property”) - a 439,132 SF Super Regional Shopping Center situated in the flourishing Northwest submarket of San Antonio, Texas.
Currently 99% leased, Bandera Pointe features a diverse mix of nationally recognized, high-performing anchors including Lowe’s, Gold’s Gym, Ross Dress for Less, T.J. Maxx and PetSmart. Recent leasing momentum includes the addition of Nordstrom Rack and pOpshelf to the tenant line-up. Nordstrom Rack executed a lease prior to Barnes & Noble vacating. There is minimal rollover risk as no tenant makes up more than 8% of the Gross Potential Income. The Property also features a committed rent roll with the average tenant tenure in excess of 12 years.
Bandera Pointe offers investors an exceptional opportunity to acquire an institutional Super Regional Shopping Center with an impressive tenant roster in one of San Antonio’s most coveted retail submarkets.
- Corner of “Main & Main” Located at the Intersection of Bandera Road (SH-16) & Loop 1604
- Strong Rent Roll Fundamentals, Dedicated Tenancy with an Average Tenure in Excess of 12 Years
- Recent Leasing Momentum, Newly Signed Leases with pOpshelf and Nordstrom Rack which Backfilled Barnes & Noble with no Downtime
- Ideal Surrounding Demographics, Over 100K People with an Average Household Income of $114K
