Seneca Plaza
Property Details
Offering Price:
Gross Leasable Area:
Lot Size:
Year Built:
$3,595,000
32,300 sqft
3.38 Acres
1978
Retail
6501-6571 Bandera Road, Leon Valley, Texas 78238
$3,595,000
Listing Price
Highlights
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IRREPLACEABLE REAL ESTATE
Excellent exposure to nearly 57,000 AADT combined average vehicles per day with 496 feet of frontage on the major thoroughfare joining I-410 to the US LOOP 1604 in the Northwest Submarket of San Antonio.
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TREMENDOUS REDEVELOPMENT OPPORTUNITY
Re-development and re-positioning opportunity for a highest & best use to embrace the heightened demand and increasing pace of redevelopment projects in the surrounding radius.
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FAVORABLE SUPPORT FROM MUNICIPALITY
The Leon Valley Economic Development Corporation is fully supportive of growth projects geared to enhance this critical intersection in an effort to maximize other projects currently in planning stages.
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DEMAND FROM NATIONAL CHAIN RETAILERS
Existing demand from credited national chain tenants provide evidence of strength of real estate fundamentals.
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IN-PLACE INCOME OFFERS CASH FLOW
Asset currently offers a developer flexibility with existing leases as well as sufficient cash flow to cover costs while managing development and entitlement processes of any potential repositioning efforts.
