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Walzem Corner - San Antonio, TX 5 Properties Offered at $12,455,999 CAD in San Antonio, TX
Investment Highlights
- 7 contiguous parcels held under single ownership since the 1950s at Walzem Road and Interstate 35, with frontage and access on both. =
- $444,284 of annual in-place rent from 5 tenants across 4 uses carries the asset during entitlement, lease-up, or redevelopment planning.
- The former Windsor Park Mall and Rackspace headquarters campus on Walzem Road is being converted by Industrial Commercial Properties into Windcrest.
- I-35 carries 100,000+ VPD at this location, and Walzem Road contributes an additional 37,000 to 39,000 VPD.
- Industrial Commercial Properties acquired the 1.2 million SF former Windsor Park Mall and Rackspace headquarters campus.
- TxDOT is expanding ~20 miles of I-35 from N Walters Street to FM 1103 with 2 elevated structures carrying 2 general-purpose lanes and 1 HOV lane.
Executive Summary
Sands Investment Group is pleased to present the Walzem Corner Portfolio, 7 contiguous parcels totaling 4.63 acres at the signalized hard corner of Walzem Road and Interstate 35 in San Antonio and Windcrest, TX. The offering includes 4 occupied buildings, a landlord-owned interstate billboard, a vacant former Discount Tire building, and an access and parking tract, all held under single ownership since the 1950s. In-place income of $444,284 comes from 5 tenants across 4 uses, anchored by EZ Pawn, operated by a subsidiary of EZCORP, Inc. (NASDAQ: EZPW), which has occupied this corner continuously since 1991. This is a rare opportunity to control an entire signalized corner with dual interstate and arterial frontage in a fully built-out infill node.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Facts
| Price | $12,455,999 CAD | Number of Properties | 5 |
| Price / SF | $269.17 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 46,275 SF |
| Status | Active | Total Land Area | 4.44 AC |
| Price | $12,455,999 CAD |
| Price / SF | $269.17 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 46,275 SF |
| Total Land Area | 4.44 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Motel 6 San Antonio, TX - South
7950 Panam Expy S, San Antonio, TX 78224 |
Hospitality | 29,667 SF | 1999 | - |
| 7954 N IH 35, San Antonio, TX 78218 | Retail | 7,000 SF | 1986 | - |
| 4818 Walzem Rd, San Antonio, TX 78218 | Retail | 4,841 SF | 1998 | - |
| 4822 Walzem Rd, San Antonio, TX 78218 | Retail | 2,567 SF | 1984 | - |
|
Las Palapas
4802 Walzem Rd, San Antonio, TX 78218 |
Retail | 2,200 SF | 2002 | - |
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Walzem Corner - San Antonio, TX
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