Top 15 Location For Spectrum Communications in Texas

This Spectrum location is one of the busiest in the state, hitting the top 15 in traffic and mobile sales.

Spectrum Communications had $43B in revenues and $1.23B net income in 2018.

Ideally Located Within Major Retail Corridor at Loop 1604 and Interstate 35

The subject property is located with The Forum At Olympia Parkway, a regional shopping center hub with 1.2m SF of GLA.

The Forum is anchored by Home Depot, Target, Kohl’s, Hobby Lobby and numerous other nationals.

Other major retail shopping centers in this corridor include:

Gateway Plaza: 778,849 GLA

Live Oak Town Center: 870,000 GLA

Rolling Oaks Mall: 882,347 GLA

Passive NNN Leases

The South Chicken & Waffles signed a 10-year primary lease which commenced October 15, 2019 providing an owner a long-term lease.

Spectrum Communications signed a 7 year primary lease term versus their typical 5 year lease, showing their commitment to this location.

All leases are at market rents providing additional security to any owner.

100% Occupancy –Corporate and Regional Tenant Mix

An investor will benefit from the full occupancy and strong tenant mix of corporate and regional operators.

The South Chicken & Waffles has a cult like following and has been well received throughout San Antonio.

High Traffic Counts

The subject property benefits from its ideal location and high traffic counts along two of the major highways in San Antonio, Loop 1604 and Interstate 35.

Interstate 35: 174,215 cars per day

Loop 1604: 72,360 cars per day

Densely Populated Trade Area

The subject property benefits from its location surrounded by the densely populated trade area with 225,405 people in the 5-mile radius.