2310 SW Military Dr · San Antonio, TX 78224 · Specialty Retail
We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.
Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.
Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.
Recent Lease Extension | Corporate Signed Lease | Options To Extend | Scheduled Rental Increases
NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
South Park Mall (783,000+ SF) | Dense Retail Corridor
Strong Demographics In 5-Mile Trade Area
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, DICK’S Sporting Goods investment property located in San Antonio, Texas. The tenant, Dick’s Sporting Goods, Inc. recently signed a 5-year lease extension with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features $0.50/SF/YR rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.
The DICK’S Sporting Goods is located near the intersection of Interstate 35 and SW Military Dr which combine to average over 122,300 vehicles passing by daily. SW Military Dr is a major retail thoroughfare serving the city of San Antonio. The DICK’S is a part of South Park Mall, a 783,000+ SF shopping mall, that also features national/credit tenants including Macy’s, JCPenney, Floor & Decor, Ulta Beauty, Starbucks, Verizon, and many others. The asset is located in close proximity to a Home Depot anchored center that includes other national/credit tenants such as Ross, Five Below, Chick-fil-A, IHOP, and more. The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Lowe’s, Academy, Sam’s Club, Target, H-E-B, Chipotle, Dutch Bros, and more, further increasing consumer traffic to the site. The asset is located in close proximity to South San Antonio High School, which has student population of over 1,600. The 5-mile trade area is supported by a population of over 226,000 residents and 77,600 employees with an average household income of $64,107.
We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.
Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.
Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.
Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.