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Great Northwest Shopping Center 8721-8739 Grissom Rd 68,651 SF 93% Leased Retail Building San Antonio, TX 78251 $5,621,200 CAD ($81.88 CAD/SF)
Investment Highlights
- Transitional Value-Add Retail
- Contractual Rent Growth In Place
- Attractive Entry Basis Relative to Replacement Cost
- Clear Repositioning Roadmap
- Heavy Lease Control w/ Month-to-Month Flexibility
Executive Summary
Great Northwest Shopping Center represents a rare chance to acquire a well-located retail center at a discounted basis, recapitalize the physical plant, and reposition the asset through active management and lease restructuring.
For investors seeking yield expansion through operational execution and capital improvements, this offering presents a compelling risk-adjusted opportunity
For investors seeking yield expansion through operational execution and capital improvements, this offering presents a compelling risk-adjusted opportunity
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
68,651 SF
Building Class
C
Year Built
1982
Price
$5,621,200 CAD
Price Per SF
$81.88 CAD
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
5.25 AC
Zoning
C-3 - General Commercial District
Parking
100 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
147’ on Grissom Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Greater San Antonio Academy of Ballet
- Arts, Entertainment, and Recreation
- -
- -
-
Lorem Ipsum
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Jan 0000
- Kooper Kidz
- Services
- -
-
$9.99
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Lorem Ipsum
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Greater San Antonio Academy of Ballet | Arts, Entertainment, and Recreation | - | - | Lorem Ipsum | Jan 0000 | |
| Kooper Kidz | Services | - | $9.99 | Lorem Ipsum | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 8741
- 5,000 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 8741 | 5,000 SF | Retail | In-Line | Now |
8741
| Size |
| 5,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18773-074-0010 | Improvements Assessment | $3,124,671 CAD |
| Land Assessment | $2,918,120 CAD | Total Assessment | $6,042,790 CAD |
Property Taxes
Parcel Number
18773-074-0010
Land Assessment
$2,918,120 CAD
Improvements Assessment
$3,124,671 CAD
Total Assessment
$6,042,790 CAD
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Great Northwest Shopping Center | 8721-8739 Grissom Rd
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