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2616 SW LOOP 410 San Antonio, TX 78227

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2616 SW LOOP 410 San Antonio, TX 78227 2616 SW LOOP 410 San Antonio, TX 78227 SINGLE-TENANT RETAIL SPACE | FOR SALE 2616 SW LOOP 410 San Antonio, TX 78227 OFFERING SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER OFFERING SUMMARY Sales Price $349,900 Glider Avenue Property Overview Oldham Goodwin is proud to present for sale the property located at 2616 SW Loop 410 in the far west submarket of San An- tonio, Texas. The offering includes a 3,295 sq.ft. former dress shop and daycare with attached warehouse space located in the fenced-off portion of the property. The location of this property provides good access and visibility to and from the site. Conveniently located off of SW loop 410 Subject Property access road, Hwy 90 is just South of the property. Major west side thoroughfares, Marbach Rd. and Highway 151, are less than 2 miles North of the property. Loop 410 and Hwy. 90 access road intersection boast an average of over 115,000 vehicles per day. According to the U.S. census statistics, San Antonio’s growth has now been re- cently concentrated on the far north side, far northwest side, and far west side, the submarket where this property is located. One of the biggest projects in the metro is the construction of five highway over- Road I-410 Access passes along Loop 1604 at Wiseman Boulevard, Military Drive, Potranco Road, Marbach Road, and Highway 90. Comple- tion dates should be late 2019, according to TxDot. 2616 SW LOOP 410 San Antonio, TX 78227 OFFERING SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER Investment Highlights • 2/3 of the building is warehouse space • 4 standard, grade-level roll up doors • 8 front surface parking spaces • Access to back of property is gated • C3-NA Zoning (sale of alcohol is Subject Property prohibited) • SW Loop 410 access • NWC of Hwy 90 & SW loop 410 • 1 mile North to Marbach Rd. • 2.2 miles North to Hwy 151 and Loop 410 • 9 miles to Loop 1604 via US Hwy 90 2616 SW LOOP 410 San Antonio, TX 78227 OFFERING SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER LEASE SUMMARY Tenant 15 Boutique Lease Type Month to month* *Current tenant is on a month to month lease and will vacate upon sale. Please do not disturb current business. 2616 SW LOOP 410 San Antonio, TX 78227 OFFERING SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER BUILDING INFORMATION 2616 SW Loop 410 Address San Antonio, TX 78227 Building Area 3,295 sq ft - retail space Year Built 1960 Foundation Concrete slab Exterior Walls Concrete block Roof Cover Modified bitumen SITE INFORMATION Structure concrete block, wood Size .22 acres (9,583 sq.ft) - total site size Storefront Aluminum frame and glass Legal Description NCB 15504 BLK 13 LOT S ½ OF 13 Utilities SAWS (water) and CPS (gas) Access SW Loop 410 Access Rd and Landing Ave. Parking 8 front surface parking spaces Zoning C3-NA Zoning (sale of alcohol is prohibited) 2616 SW LOOP 410 San Antonio, TX 78227 OFFERING SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER Marbach Rd Subject Property Lackland Air Force Base 2616 SW LOOP 410 San Antonio, TX 78227 OFFERING SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER I-410 AND US HWY 90 ACCESS RD OVER 115,000 1 Mile 3 Mile 5 Mile VEHICLES PER DAY (TxDOT AADT 2015) 2017 Total Population 17,109 107,098 244,724 TOTAL POPULATION OF OVER 244,000 WITHIN FIVE MILE RADIUS 2022 Total Population 17,832 114,413 266,249 (ESRI 2017) 2017-2022 Annual Growth .83% 1.33% 1.70% TOTAL HOUSEHOLDS Rate OVER 77,000 WITHIN FIVE MILE RADIUS 2017 Households 6,114 32,155 77,731 (ESRI 2017) AVERAGE HH INCOME 2022 Households 6,347 34,342 84,338 OVER $59,000 WITHIN FIVE MILE RADIUS (ESRI 2017) 2017 Average Home Value $100,649 $110,710 $134,951 TOTAL EMPLOYEES OVER 237,000 2022 Average Home Value $119,650 $128,395 $155,919 WITHIN FIVE MILE RADIUS (ESRI 2017) 2017 Average HH Income $45,381 $54,456 $59,905 AVERAGE HOME VALUE OVER $134,000 2022 Average HH Income $51,371 $61,018 $68,177 WITHIN FIVE MILE RADIUS (ESRI 2017) Sources: Infogroup, Inc & ESRI 2616 SW LOOP 410 San Antonio, TX 78227 OFFERING SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER SAN ANTONIO, TEXAS DALLAS / NATIONAL RANKING FORT WORTH AND RECOGNITIONS BRYAN / #9 FASTEST-GROWING COLLEGE LARGE METROPOLITAN AREA IN TEXAS STATION (U.S. Census Bureau, 2015) #9 METRO AREA IN U.S. #25 METRO MARKET FOR GROWING POPULATION: 2.3 MILLION COMPANIES (U.S. Census Bureau, 2015) (CNBC 2015) HOUSTON AUSTIN 34.4 MILLION #8 AMERICA’S NEXT ANNUAL VISITORS “BOOM TOWNS” (Visit San Antonio 2016) (Forbes 2016) SAN ANTONIO #6 POPULATION GROWTH IN THE US AMONG BIG METROS Strategically placed in the heart of the Texas Hill Country is San Antonio, Texas. (Express News 2016) Often referred to as “a big city, with a small town feel,” San Antonio offers the perfect blended energy of a metropolitan, international city with small town charm. The current metropolitan population of San Antonio-New Braunfels stands at 2.3 #7 TOP 10 BEST #10 TOP 15 CITIES million people, which includes surrounding counties of Atascosa, Bandera, Bexar, RUN CITIES Comal, Guadalupe, Kendall, Medina and Wilson. IN THE U.S. IN TEXAS (Travel and Leisure, 2017) (Wallet Hub, 2017) The San Antonio-New Braunfels MSA is served by a dense network of highways and an interstate system, including Interstate 10 (running through the heart of San Antonio), Interstate 35 (running north-south through the center of the metro), and is also served by federal highways Intersate 37 and Interstate 410. #3 BEST PLACES #14 BEST PLACES TO RETIRE TO LIVE (US News & World Report, 2017) (US News & World Report, 2017) Source: 2014 U.S. Census Bureau Source: http://www.sanantonioedf.com/ 2616 SW LOOP 410 San Antonio, TX 78227 OFFERING SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER MAJOR EMPLOYERS IN THE SAN ANTONIO AREA (2017) COMPANY INDUSTRY SECTOR SA EMPLOYEES Lackland Air Force Base Military 37,000 Fort Sam Houston Military 32,000 H-E-B Super Market Chain 20,000 USAA Financial Services & Insurance 18,305 Northside ISD School District 12,751 Randolph Air Force Base Military 11,000 Methodist Health Care Heatlh Care Services 9,620 City of San Antonio San Antonio 9,145 Photo Source: University of Texas Austin (https://www.utexas.edu/about/overview) Baptist Health System Heatlh Care Services 6,383 Wells Fargo Financial Services 5,152 REAL ESTATE IN SAN ANTONIO San Antonio is located in the heart of the hill country, linking the Southern part of WORKFORCE & LABOR POOL the Texas Triangles which include Houston and Dallas Fort-Worth. San Antonio is only 140 miles from the Gulf of Mexico and because of its strategic location, it is the The San Antonio MSA, which includes New Braunfels, Boerne, Schertz, and Seguin, seventh largest city in the United States and the second largest in Texas. It’s strong boasts a workforce population of 1,186,000 people as of March 2018. A number of economy, strategic infrastructure, and geography make San Antonio a naturally professional opportunities present themselves to the city, including environmental favorable condition for real estate. technology, finance, healthcare, IT/cybersecurity, government and more. In addition, more than 26,000 students enter the workforce each year from the 31 higher-education The city is perfectly positioned to link the East & West coasts. Interstate highways facilities scattered around the city. During the last financial crisis, San Antonio remained connect San Antonio to major Texas population centers and to primary border recession proof, and actually ranked in the top 10 for the fewest jobs lost and the highest crossing points into Mexico and including the ports at Corpus Christi and Houston. economic growth in the country during the recession. (The Atlantic) Because of this, the city of San Antonio accounts for more than 50% of total goods flowing between the United States & Mexico, before reaching their final destination. Sources: Bureau of Labor Statistics | https://www.bls.gov/eag/eag.tx_sanantonio_msa.htm#eag_tx_sanantonio_msa.f.r 2616 SW LOOP 410 San Antonio, TX 78227 OFFERING SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER REGIONAL TRAFFIC GENERATORS TOURISM Tourism in San Antonio is big business. With more than 34 million visitors annually, the tourism industry in the Alamo city has about a $13.6 billion-dollar impact on the local economy. The major attractions of the Alamo and Riverwalk, alone, bring an average of 26 million visitors per year. However, the city offers a plethora of entertainment options and ideas to newcomers and locals - from catching a show at the Majestic Theatre, exploring the redeveloped yet historic charm of Pearl Brewery & Blue Star Brewery, or braving your fear of heights at Fiesta Texas. In May 2018, San Antonio celebrated its’ tricentennial as a city, celebrating the inhabitants that helped lay the foundation for the eclectic art, diverse culture and stunning innovations that have become signatures of life in San Antonio. Beginning in the Spring of the late 1800s, San Antonio gathers together during a two-week span every year for events, parades, and food celebrating culture and the Battle of San Jacinto; this event is appropriately named Fiesta. A study released by the University of Texas San Antonio in 2017 revealed that the economic impact of the two-week celebration contributes over $340 million for the Alamo city – Viva Fiesta! INFORMATION TECHNOLOGY/CYBER SECURITY San Antonio has one of the largest concentrations, across multiple agencies, of IT, Information Assurance (IA) and cybersecurity professionals in the nation. Historically known as America’s home for military training and operational excellence, San Antonio has now expanded its role as a premier center as Information Technology Alamodome, San Antonio, Texas and Cybersecurity in the U.S.
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