Gateway Plaza
- 138,452 square foot retail shopping center and two land parcels in San Antonio, TX.
- Located at the full interchange of I-35 and Loop 1604 in the expanding northeast San Antonio corridor connecting to Austin, TX.
- 97% occupied at acquisition and anchored by Burlington Coat Factory.
- Business plan to maintain occupancy and capture additional value by selling off the land parcels individually.
Investment Highlights
- Immediately sold a free-standing Little Caesar’s pad to the tenant/franchisee.
- Sold one of the remaining land parcels to QuikTrip.
- Sold in March 2020 at 98% occupancy.