3570-3580 Culebra Rd
3570 Culebra Rd | San Antonio, TX 78228-5944, US
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INVESTMENT OPPORTUNITY Two adjacent income-producing properties totaling 19, 730 SF on Culebra Road in San Antonio's gentrifying Near Northwest corridor. Currently 50% occupied with below-market rents on existing tenants—immediate value-add opportunity through lease-up and rent repositioning. PROPERTY OVERVIEW 3570 Culebra: 7, 760 SF two-unit office building (1963) - 0.69 AC 3580 Culebra: 11, 970 SF five-unit retail center with warehouse component (1963) - 0.66AC Two separate tax parcels (flexible exit strategies) C-2 zoning (diverse commercial uses) Deferred maintenance priced into offering LOCATION & MARKET FUNDAMENTALS Strong institutional anchor: Walking distance to St. Mary's University (9, 000+ students, faculty, staff). High-traffic Culebra corridor with recent capital investment—new Whataburger and McDonald's operating across street, car wash development next door (Q4 2026 completion). Gentrifying corridor benefiting from residential growth in surrounding neighborhoods and proximity to downtown San Antonio. VALUE PROPOSITION Stabilization upside: Current 50% vacancy + below-market in-place rents create dual revenue enhancement opportunity. Area comps support $90-$120/SF for stabilized retail/office in this submarket. Multiple buyer profiles: Value-add investors (lease-up and reposition), developers (land assemblage, 1.35 acres with Culebra frontage), owner-users (individual or combined properties). OFFERING STRUCTURE Unpriced - inviting offers. Seller open to sale of both properties combined or individually depending on buyer strategy and offer strength. Financial package available to qualified parties: rent roll
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CULEBRA ROAD CORRIDOR | NEAR NORTHWEST SAN ANTONIO High-traffic commercial corridor in San Antonio's Northwest submarket, anchored by St. Mary's University and benefiting from recent private capital investment in QSR and retail development. IMMEDIATE AREA Daily traffic: 22, 600 vehicles (Culebra Rd) Walking distance: St. Mary's University (9, 000+ students/faculty/staff) Recent development: New Whataburger, McDonald's operational across street; car wash under construction next door (Q4 2026) Surrounded by established residential neighborhoods with growing household formation ACCESSIBILITY Direct Culebra Road frontage with strong visibility and high daily traffic Proximity to I-10 (major east-west corridor) and Loop 410 Easy access to downtown San Antonio and Medical Center area Direct Culebra Road frontage with strong visibility SUBMARKET DYNAMICS Northwest San Antonio office submarket reports 10.8% vacancy (Q3 2025, CoStar), with asking rents stable at $27.00/SF. While the broader office market faces headwinds from hybrid work models, retail and mixed-use corridors like Culebra continue attracting investment - evidenced by recent QSR development and growing residential density in surrounding neighborhoods. The property's retail/office configuration and institutional proximity (St. Mary's) position it differently than traditional suburban office product. Value-add investors targeting lease-up and repositioning are active in similar transitional corridors throughout San Antonio's urban core. The Culebra corridor specifically is seeing private capital investment in retail and QSR development, signaling landlord/developer confidence in the trade area. Mix of national chains and local businesses in surrounding blocks. Primary commercial uses: retail, office, medical, service businesses. COMPETITIVE POSITION Properties benefit from institutional traffic generator (St. Mary's) that most competing retail/office centers lack. Submarket retail vacancy rates currently 10.7%, with asking rents ranging $18-22/SF NNN for similar product (0.9% growth).