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Investment Highlights

  • Fully occupied retail building, presenting a strong investment opportunity in a well-established and growing area.
  • Spanning 8,280 square feet on 0.9 acres, situated near a dense residential neighborhood, retail destinations, and schools.
  • Current tenants are paying below-market rates, generating a total of $9,350 per month in rent for the next two years, resulting in an 8.47% cap rate.
  • Highly accessible location close to Interstate 35 and Loop 410, as well as convenient bus line access.

Executive Summary

Located at 4801-4809 Lakebend West Drive, this fully renovated retail strip center offers an exceptional investment opportunity in one of San Antonio’s fastest-growing corridors. The property spans 8,280 square feet on a 0.90-acre corner lot with 300 feet of frontage and 45 parking spaces, providing excellent visibility and seamless ingress and egress. Positioned off FM 78 near a signalized intersection, the center benefits from exposure to over 22,000 vehicles per day and serves a densely populated trade area of more than 715,000 residents within a 10-mile radius and 215,000 residents within 5 miles.

The building is 100% leased to three tenants with leases of two years or more remaining, all of whom are paying below-market rents, creating significant upside potential for investors. This value-add property is situated in a thriving retail corridor, anchored by a top-performing H-E-B grocery store, Walmart Supercenter, Dollar Tree, and Family Dollar, and is surrounded by established residential communities, including Montabella Pointe Apartments. The location offers excellent connectivity with proximity to Interstate 35, Loop 410, San Antonio International Airport, and the San Antonio Amtrak Station, as well as convenient bus line access.

San Antonio continues to rank among the top destinations for domestic migration and job growth, fueling strong retail demand and expansion opportunities. With its strategic corner location, high traffic counts, and strong demographics, this property is an ideal investment opportunity for those seeking a stable, income-producing asset with long-term growth potential.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,280 SF
Building Class
C
Year Built/Renovated
1975/2024
Price
$1,343,776 CAD
Price Per SF
$162.29 CAD
Cap Rate
9.02%
NOI
$121,259 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.90 AC
Zoning
OCL - (Outside City Limits) which allows almost all retail uses.
Parking
45 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
300’ on Lakebend West Dr

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
19,125
99,360
211,147
2030 Population
19,935
104,794
222,932
2025-2030 Projected Population Growth
4.2%
5.5%
5.6%
Median Age
33.6
34.6
35.5
College Degree + Higher
20%
19%
21%
Daytime Employees
2,814
20,906
60,009
Total Businesses
361
1,785
8,204
Average Household Income
$86,972
$83,683
$85,361
Median Household Income
$69,342
$68,368
$68,644
Total Consumer Spending
$183.2M
$1B
$2.1B
2025 Households
6,188
32,949
73,355
Average Home Value
$225,962
$229,000
$248,372
$ values in USD

Nearby Major Retailers

H-E-B
Chase Bank
Buffalo Wild Wings
IHOP
Woodforest National Bank
Starbucks
Denny's
Bank of America
Crunch Fitness

Property Taxes

Property Taxes

Parcel Number
05076-000-0074
Land Assessment
$226,653 CAD
Improvements Assessment
$437,797 CAD
Total Assessment
$664,450 CAD
  • Listing ID: 38396565

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: 4801-4809 Lakebend West Dr, San Antonio, TX 78244

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