For Sale
$1,500,000

7201 Somerset RdSan Antonio, TX 78211

10-unit retail center, 100% occupied, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 10-unit, 12,628-square-foot retail center ideally situated near Southwest General Hospital in San Antonio, Texas. Currently boasting 100% occupancy as of March 28, 2023, the property generates a monthly income exceeding $10,000. The center comprises six commercial spaces and four upstairs residential apartments, offering a diverse revenue stream. An anchor dental office contributes significantly to the current occupancy. While some repairs are needed, the strong tenancy and high occupancy rate make this a compelling investment. The property sits on a substantial 28,092-square-foot lot, zoned C2, providing ample space and development potential. The two-story building features a desirable upstairs apartment. The owner currently occupies two spaces at a reduced rate, presenting an opportunity for increased income under new ownership. This multi-tenant shopping center presents a rare chance to acquire a well-located, income-producing asset in a thriving San Antonio neighborhood. The property's APN is 112560011210. This is an owner/user investment opportunity.

Highlights

  • 10-unit, 12,628-square-foot retail center with 100% occupancy (as of March 28, 2023) generating over $10,000 monthly income.
  • Located near Southwest General Hospital in San Antonio, TX.
  • Features six commercial spaces and four residential apartments, including an anchor dental office.
  • Sits on a 28,092-square-foot lot, zoned C2, offering development potential.
  • Owner-occupied spaces present opportunity for increased income.

Property Details for 7201 Somerset Rd

Property type
Lifestyle centers, Power centers
Square Feet
12,628 SF
Class
C
Buildings
1
Stories
2
Units
10

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.354751996087
Longitude
-98.551363701584
7201 Somerset Rd, San Antonio, Texas

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7201 Somerset Rd
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