The property asset involved in this transaction is a retail space located at 7251 Eckhert Road, San Antonio. It features a total square footage of 50,098 and was sold for $3,300,000, resulting in a price per square foot of $65.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,300,000
• Address: 7251 Eckhert Road
• Market: San Antonio
• Square Footage: 50,098
• Price Per Square Foot: $65
• Seller: Sammy Virani
• Buyer & Seller's Rep: Sai Thakor - Marcus & Millichap

The Luna Thakor Group at Marcus & Millichap facilitated the successful sale of the property, which was previously a 4,500 sq. ft. Stripes location. The transaction attracted 11 off-market offers, with the winning buyer securing the deal by meeting the asking price and placing $300,000 in escrow from day one. The buyer represents a private operator expanding within Texas, and there is ongoing interest from this private investor group in acquiring former 7-Eleven properties.