PRIME MULTI-TENANT INVESTMENT OPPORTUNITY | NEAR ST. MARY'S UNIVERSITY

3570 Culebra Rd San Antonio, TX 78228

3570 Culebra Rd, San Antonio, TX, 78228
3570 Culebra Rd, San Antonio, TX, 78228 3570 Culebra Rd, San Antonio, TX, 78228
FOR SALE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Jan 28, 2025

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Highlights

  • Strong upside potential with current 50% occupancy rates in both buildings, providing immediate opportunity to increase NOI through strategic leasing.
  • Two separate tax parcels offering future disposition flexibility and multiple exit strategies for investors.
  • Excellent visibility and access along Culebra Road, with proximity to St. Mary's University's 9,000+ student population.
  • Flexible C-2 zoning accommodates a wide range of commercial uses including office, retail, medical, and service businesses.
  • Two income-producing buildings totaling 19,730 SF (7,760 SF professional office building and 11,970 SF retail center).
  • Well-maintained structures with proven history of both office and retail tenancy in a revitalizing corridor.
  • Growing residential population in surrounding neighborhoods supporting increased demand for retail and service businesses.
  • Regular historical occupancy demonstrates sustained market demand in this location.
  • Strategic position in San Antonio's Near Northwest submarket with easy access to major thoroughfares and downtown.
  • Established commercial corridor with mix of national and local tenants in surrounding area.

Description

Discover two income-producing properties strategically positioned at 3570-3580 Culebra Road in San Antonio's rapidly developing Near Northwest submarket. This offering presents two separate parcels, each with its own multi-tenant building and distinct revenue streams.
Property Highlights:
3570 Culebra: 7,760 SF two-unit professional office building
3580 Culebra: 11,970 SF five-unit retail center
Combined GLA: 19,730 SF on two adjacent parcels
Current occupancy: 50% in each building, presenting immediate upside potential
Zoning: C-2 (Commercial)
Year built: 1963
Well-maintained with regular updates

Location Advantages:
Walking distance to St. Mary's University (9,000+ students)
Strong traffic counts along Culebra Road
Part of San Antonio's revitalization corridor
Easy access to downtown San Antonio
Growing residential population in surrounding neighborhoods

Investment Highlights:
Value-add opportunity through lease-up of vacant spaces
Stable in-place income from existing tenants
Flexible C-2 zoning allows for diverse commercial uses
Two separate parcels provide future disposition flexibility
Located in an Opportunity Zone (verify with your tax advisor)

This offering represents an excellent opportunity to acquire two complementary properties with substantial upside potential through strategic leasing and management. The properties' location in a transforming area near major institutions and growing residential developments positions them well for long-term appreciation.
Price and detailed financial information available to qualified investors upon request.

Situated in the bustling San Antonio market, the area surrounding the property offers an array of attractions and amenities for prospective Office / Office Building investors. With proximity to the vibrant downtown district, investors can capitalize on the city's rich cultural scene, distinguished dining establishments, and premier entertainment venues. Additionally, the nearby River Walk and historic Alamo provide a unique backdrop for potential office developments. The area's strategic location within the heart of San Antonio ensures convenient access to a range of businesses, retail spaces, and residential communities, making it an appealing investment opportunity for those seeking to establish a strong presence in this thriving market.


Year Built: 1963
Building Size: 19730sq ft
Lot Size: 1.4 acres


Documents

Offering Memorandum (L)

Map of 3570 Culebra Rd, San Antonio, TX, 78228

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.