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Private Equity Acquires Alamo City Portfolio - 4 Convenience Store / Gas Stations In San Antonio MSA

Property Image
SOLD
$4,900,000
Sai Thakor
David Hollingsworth

Texas

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Retail100,188 SF
Sold 04/21/2023
the dealplayerscompscontact
Property Image
SOLD

Private Equity Acquires Alamo City Portfolio - 4 Convenience Store / Gas Stations In San Antonio MSA

2204 South Us Highway 77

See Similar Deals
Retail100,188 SF
Sold 04/21/2023
Sai Thakor
David Hollingsworth
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$48
Total Square Footage:100,188 SF
Transaction Type:Sale

The Alamo City Portfolio, consisting of four convenience store/gas stations located in Driscoll, San Antonio, and Converse, has recently been sold. The properties are situated at 2204 South Us Highway 77, 333 San Pedro Ave, 1540 Austin Hwy, and 9145 FM 78. This retail asset spans a total of 100,188 square feet.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Market: Driscoll, San Antonio, Converse

The acquisition of the Alamo City Portfolio was made by a private equity firm in order to strategically capitalize on the Bonus Depreciation. As the Bonus Depreciation strategy is set to expire in 2026, buyers and sellers are actively engaging in transactions this year. This deal was facilitated by brokers David Hollingsworth and Sai Thakor, representing Marcus & Millichap.

For more information about the Alamo City Portfolio and the recent transaction, please contact the brokers at Marcus & Millichap.

Players

Sai Thakor
CBRE
Sai Thakor
25 deals$80.6M volume(832) 689-5400
BROKER
David Hollingsworth
Marcus & Millichap
David Hollingsworth
1 deal$4.9M volume
BROKER

Details

SOLD
IMAGE: David Hollingsworth & Sai Thakor DATE: 04/21/2023 ADDRESS: 2204 South Us Highway 77, 333 San Pedro Ave, 1540 Austin Hwy & 9145 FM 78 MARKET: Driscoll, San Antonio & Converse ASSET TYPE: Retail ~ SF: 100,188 BROKERS: David Hollingsworth & Sai Thakor (@SaiThakor) - Marcus & Millichap (@MarcusMillichap_Houston) NOTE FROM BROKERS: Marcus and Millichap is pleased to announce the closing of the Alamo City Portfolio - 4 Convenience Store / Gas Stations in the San Antonio MSA. This deal was acquired by a Private Equity to strategically take advantage of Bonus Depreciation. With the Bonus Depreciation strategy to expire in 2026, buyers and sellers are aggressively transacting this year. Number of Stores: 4 For more information: Contact Brokers

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