SACA Closes Sale of Callaghan Shopping Center
- May 17, 2017
Cushman & Wakefield Alliance member San Antonio Commercial Advisors, (SACA) sold Callaghan Road Shopping Center located at 6007-6031 Callaghan Road in San Antonio.
Associate Bradley Suttle marketed the property on behalf of the seller, a local family trust, and procured the buyer, a Texas-based LLC.
The 11,269-square-foot asset is situated on 1.1 acres south of Loop 410. Built in 1960, the center has served the Balcones Heights and Ingram Hills ever since. At the time of the deal, Callaghan Shopping Center was 91 percent occupied, with 60 percent of the space leased to the same tenants for over 10 years. Tenants at the property include Zito’s Deli & Sandwich Shoppe, Kui-Kei’s Beauty Shop, Lux Nails, Pastelandia Bakery and Danny’s Cocina.
Image courtesy of SACA