8803 Highway 151 - Storefront FOR SALE


San Antonio, TX 78251- Westover Hills
$5,574,736 USD
210-253-6035
8803 Highway 151, San Antonio, TX for Sale
$5,574,736 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

8803 Highway 151
San Antonio, TX 78251
Westover Hills


HIGHLIGHTS

  • Diverse Service-Oriented Tenants
  • Strong Demographics & Rapid-Growth Corridor
  • Below Market In-Place Rents
  • Prime Freeway Location with Exceptional Visibility
  • Adjacent to Top-Performing Brands

OVERVIEW

CBRE’s San Antonio Retail Investment Sales Team has been exclusively retained to offer Potranco Plaza, a 10,575 SF, 100% leased multi tenant retail pad prominently positioned along State Highway 151 in San Antonio, Texas. The property sits on a 1.31 acre site with excellent frontage and visibility to over 150,000 vehicles per day. The center benefits from exceptional traffic drivers, with over 1.2 million annual visits generated by adjacent national operators including Las Palapas, Gold’s Gym, Raising Cane’s, and McDonald’s. The surrounding trade area boasts strong demographics, including 316,625 residents within five miles and average household incomes above $88,829 within one mile. The tenant roster, anchored by Brident Dental, is composed of service oriented, internent-resistant users on NNN leases with scheduled rent increases. Brident Dental, which occupies 38% of the center, is a national credit tenant who has occupied space at the property since 2014. The asset produces a current NOI of $351,208 and is offered at $5,574,736, reflecting a 6.30% cap rate. With stable tenancy, strong surrounding growth, and outstanding highway visibility, Potranco Plaza offers investors a high quality retail asset in one of San Antonio’s fastest expanding corridors.

FOR SALE DETAILS

PRICE

$5,574,736 USD

PRICE/SF

$527 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Potranco Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

69

LAND DETAILS

CROSS STREETS

Potranco

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

C-2

APN/PARCEL ID

17643-031-0070

ASK ABOUT THIS PROPERTY

210-253-6035

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210-253-6035

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