3418 E Southcross San Antonio, TX 78223

Marcus & Millichap is pleased to offer a neighborhood Walmart investment opportunity located at 3418 E Southcross Blvd in San Antonio, TX. The asset is a 41,117 square foot improvement on a 5.54 acre site. Constructed in 2015, the property includes a large 3-island gas service center in which the underground storage tanks are in the process of being removed by tenant, and is situated on the SEC of E Southcross Boulevard and Pecan Valley Drive. The property is currently encumbered by a built-to suit 15-Year net-lease (+/- 8.5 years remaining). In October of 2018, the company elected to halt operations at the location and the building is currently being sub-leased by a government contracted health care provider, Valor Health, as VA Clinic. The clinic's buildout is currently in progress. This offering presents an outstanding reposition for value-add investors and developers to strategize on the property’s highest and best use potential, while benefitting from the existing in place income that will likely extend into the future past Walmart's current obligations. The building and parking area has been continuously maintained and is in excellent condition. The existing loan may be assumed (contact for further details).