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Starlight Oaks Shopping Center 4503 De Zavala Rd 15,300 SF 63% Leased Retail Building San Antonio, TX 78249 For Sale
Investment Highlights
- Significant Embedded NOI Growth
- Diversified, Service-Oriented Tenancy
- Compelling Owner-User Play
- Affluent, Demand-Drive Trade Area
- True NNN Lease Structure
Executive Summary
Starlight Oaks is a 15,200 SF, multi-tenant retail center situated at the lighted intersection of De Zavala Road and Parkside Woods in the affluent Northwest San Antonio submarket. Three of four occupied suites have signed new or renewal leases with the last 12 months at healthy market rents (NNN), establishing a durable in-place cash flow with built-in annual escalations.
The center suits two distinct buyer profiles: an investor capturing a value-add lease-up of 5,600 SF of second-generation retail space at market rents - a path that nearly triples in-place NOI - OR a business owner-user who occupies a portion of the vacancy themselves while in-place tenants substantially offset debt service.
The center suits two distinct buyer profiles: an investor capturing a value-add lease-up of 5,600 SF of second-generation retail space at market rents - a path that nearly triples in-place NOI - OR a business owner-user who occupies a portion of the vacancy themselves while in-place tenants substantially offset debt service.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
15,300 SF
Building Class
B
Year Built
2001
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.51 AC
Zoning
C-3 - General Commercial District
Parking
70 Spaces (5.2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Local vape and smoke shop in San Antonio, Texas.
- De Zavala Icehouse
- -
- -
- -
- -
- Taqueria Data Point
- Accommodation and Food Services
- -
- -
- -
- Wok On Wheels-de Zavala
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cloud Factory Vape & Smoke | Retailer | - | - | - | ||
| De Zavala Icehouse | - | - | - | - | ||
| Taqueria Data Point | Accommodation and Food Services | - | - | - | ||
| Wok On Wheels-de Zavala | Accommodation and Food Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Call for pricing! 2nd Gen Retail/Office Space (1,490 SF) Can be combined for 5,690 SF
Call for pricing! 2nd Gen Dance/Fitness Studio (4,200 SF)
| Space | Size | Space Use | Position | Available |
| 112 | 1,490 SF | Retail | - | Now |
| 116 | 4,200 SF | Retail | - | Now |
112
| Size |
| 1,490 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
116
| Size |
| 4,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
112
| Size | 1,490 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Call for pricing! 2nd Gen Retail/Office Space (1,490 SF) Can be combined for 5,690 SF
116
| Size | 4,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Call for pricing! 2nd Gen Dance/Fitness Studio (4,200 SF)
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17022-032-0310 | Improvements Assessment | $1,555,609 CAD |
| Land Assessment | $1,686,347 CAD | Total Assessment | $3,241,957 CAD |
Property Taxes
Parcel Number
17022-032-0310
Land Assessment
$1,686,347 CAD
Improvements Assessment
$1,555,609 CAD
Total Assessment
$3,241,957 CAD
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Starlight Oaks Shopping Center | 4503 De Zavala Rd
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