PARLIAMENT SQUARE - SAN ANTONIO, TEXAS

Sales Price: $5,600,000
Actual NOI: $506,966
Cap Rate: 9.05%

  • Proven location with West Avenue and Blanco Road frontage in the rapidly expanding Northside area of San Antonio
  • With a population of more than 1.3 million people, San Antonio is the seventh-largest city in the nation and the fastest growing city in Texas
  • Strong co-tenancy with Incredible Pizza
  • Opportunity to acquire leasehold interest in Incredible Pizza improvements through 2026
  • The surrounding trade area has a solid commercial and single-family residential base.  Area retailers include H-E-B Grocery, Marshalls, Sam's, PetsMart, Dollar Tree and Blockbuster
  • One-mile projected population growth of 8.35% over the next five years
  • Good physical layout of center with desirable space configurations and excellent visibility
  • Institutional ownership and maintenance



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George Cushing
713.425.5849
Click to email george.cushing@am.jll.com   Click to download vCard

Wendy Vandeventer
713.425.5845
Click to email wendy.vandeventer@am.jll.com   Click to download vCard

 
Jones Lang LaSalle• 200 East Randolph Drive• Chicago, Illinois 60601• Tel: +1 312 782 5800• Fax: +1 312 782 4339 • www.joneslanglasalle.com
The information contained herein was obtained from sources believed reliable; however, Jones Lang LaSalle Company makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice. All persons and firms named in this Offering are licensed brokers or salespersons.