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8425 Bandera Rd
San Antonio, TX 78250
Bandera Festival Shopping Center · Retail Property For Sale

Investment Highlights

  • 194,501-Square-Foot, Multi-Tenant Community Center
  • Value-Add Opportunity with Significant Upside Potential | 84% Occupied | 65% of the Gross Leasable Area has NNN Leases
  • Includes a Ground Lease with Taco Cabana | Long-Term Tenant for 34+ Years
  • Strategically Located in a High-Traffic Retail Corridor Boasting Retail Sales of $5.5-$6.5 Billion Annually Within a Five-Mile Radius
  • Anchored by Crunch Fitness and Dollar Tree | Both Crunch Fitness and Dollar Tree are Top Performing Locations Based on Consumer Traffic (Placer.ai)
  • Shadow-Anchored by H-E-B Grocery and Catty Corner from Walmart Supercenter

Executive Summary

Bandera Festival Shopping Center is a value-add, 194,501-square-foot, multi-tenant community shopping center located in San Antonio, Texas. Anchored by Crunch Fitness and Dollar Tree, the center features a strong mix of retail, medical, and government businesses with staggered lease expiration dates, and the majority include scheduled rent increases. The subject property is 84 percent occupied, and 65 percent of the gross leasable area has triple-net leases, providing significant upside potential. The shopping center is comprised of two multi-tenant buildings and one single-tenant building that is on a ground lease with Taco Cabana, situated on a large 18.3-acre parcel with ample paved parking. The property also features a double-sided monument sign providing additional exposure to the center.
Bandera Festival Shopping Center is strategically located at the signalized intersection of Bandera Road and Guilbeau Road. The property is easily accessible from multiple ingress and egress points from both streets, with cumulative traffic counts of approximately 56,150 vehicles per day. The property is shadow-anchored by H-E-B and catty corner from Walmart Supercenter. Numerous national and regional retailers are in close proximity, including Buffalo Wild Wings, McDonald's, Advance Auto Parts, KFC, Wendy's Popeyes Louisiana Kitchen, KFC, Valvoline Instant Oil Change, Chase Bank, Goodwill, O'Reilly Auto Parts, T-Mobile, Fantastic Sam's, Chipotle Mexican Grill, Burger King, and many more. Bandera Festival Shopping Center is approximately eight miles from several of the city's major traffic drivers, including The University of Texas at San Antonio campus, Valero corporate office, and USAA headquarters. The surrounding area benefits from excellent demographics, serving a population of more than 338,730 within a five-mile radius. The average household income is $90,352 within one mile; $89,269 within three miles; and $83,508 within five miles.

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
194,501 SF
Building Class
C
Year Built
1993
Price
$48,803,650 CAD
Price Per SF
$250.92 CAD
Cap Rate
7.09%
NOI
$3,457,856 CAD
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
18.30 AC
Zoning
C-3R
Parking
704 Spaces (3.62 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
17929-001-0040
Land Assessment
$5,142,943 CAD
Improvements Assessment
$7,894,604 CAD
Total Assessment
$13,037,546 CAD
  • Listing ID: 39503716

  • Date on Market: 2026-02-20

  • Last Updated:

  • Address: 8425 Bandera Rd, San Antonio, TX 78250

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