San Antonio Commercial Advisors (SACA), an independently owned and operated member of the Cushman & Wakefield Alliance, is pleased to announce the sale of two shopping centers located in San Antonio. Both properties are located in the northwest submarket near Loop 410, on Callaghan and Evers Rd respectively.
The property located at 5440 Evers Road is a 4,200 square foot retail center sitting on 0.33 acres, with its primary tenant, CD Exchange/DVD Exchange, having occupied space at the property for 20 years.
The property located at 6402 Callaghan Road is a 5,463 square foot retail center sitting on 0.48 acres with four tenants.
This was the first time the properties had been marketed, having been owned and operated by the original developer for over 35 years. The properties’ quality construction, long-term tenancy, excellent visibility to major thoroughfares, and location near Loop 410, contributed to their desirability and the strong competition among buyers for the offering.
SACA’s Brent Smith represented the San Antonio based seller and procured the buyer as well.