08/25/2026
JUST SOLD | Gateway Plaza | San Antonio, Texas
The Palomar Group is pleased to announce the sale of Gateway Plaza.
- $16,700,000
- 179,327 SF
- 90% Occupied
- NOI: $1,366,705
- National credit brands including Ollie's, dd's Discounts, Dollar Tree, and Dollar General Market
- Located on a primary retail corridor within the Far West sub-market of San Antonio, TX
- Positioned directly across US Hwy 90 from the entrance to Joint Base San Antonio – Lackland
- Recent capital improvements include an improved or new façade, parking lot, and general site improvements
- Well-below-market rents
"We are pleased to announce the successful sale of Gateway Plaza in San Antonio, TX. Gateway Plaza is a 179,327-square-foot retail center anchored by Ollie's, dd's DISCOUNTS, Dollar Tree, and DG Market. The seller was a private owner based in Texas, and the buyer was a regional real estate investment firm. It was a pleasure to run a clean process with a buyer who executed as promised, on schedule, without surprises." - David Rivers, Partner at Palomar.
For more information on this sale, reach out to a member of the Palomar team!