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.