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Harlandale 354 E Southcross Blvd

15,500 SF 100% Leased Retail Building San Antonio, TX 78214 $2,800,000 ($181/SF) 6.40% Cap Rate

Investment Highlights

  • Corner Property
  • 15 Rental Units
  • Zoned C-3
  • Mixed Use Building
  • High traffic counts over 10k VPD
  • Fully Leased

Executive Summary

This charming 1940s building was fully renovated in 2001, and has been updated further since new ownership in 2021. It's a total of 15,500 SF, and has 15 versatile rental units including general retail and offices, a medical clinic, and 11 residential units. Zoned C-3, this property offers a diverse investment opportunity in the heart of San Antonio. Owner occupies anchor space but is flexible if a new owner wants to occupy or re-lease the suite. Rental rates are slightly below market leaving room for improvement. Contact Broker for additional financial information.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
15,500 SF
Building Class
C
Year Built
1940
Price
$2,800,000
Price Per SF
$181
Cap Rate
6.40%
NOI
$179,272
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Land Acres
0.66 AC
Zoning
C3 - C-3 districts are intended to provide for more intensive commercial uses than those located within the NC, C-1 or C-2 zoning districts.
Parking
37 Spaces (2.39 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Corner Lot
  • Signalized Intersection
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Harlandale Clinic
  • Health Care and Social Assistance
  • 2,700 SF
  • -
  • -
  • MS & Associates
  • Finance and Insurance
  • 1,866 SF
  • -
  • -
  • South Town Vinyl
  • Retailer
  • 895 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Harlandale Clinic Health Care and Social Assistance 2,700 SF - -
MS & Associates Finance and Insurance 1,866 SF - -
South Town Vinyl Retailer 895 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 07810-001-0290
  • 07810-001-0270
Land Assessment
$352,380
Improvements Assessment
$647,620
Total Assessment
$1,000,000
  • Listing ID: 33207997

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 354 E Southcross Blvd, San Antonio, TX 78214

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