H-E-B Absolute NNN Ground
For Sale
Contact for pricing
Pending
246 Valley Hi Dr, San Antonio, TX 78227
Outparcel lease at a grocery-anchored center with signalized hard-corner access and established retail surroundings.
Property SizeContact for details
Days on Market141
Property Features for 246 Valley Hi Dr
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Los Angeles
(213) 943-1781
Listed By:
Ara Rostamian · License #CA 01814678
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 5:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This San Antonio outparcel is subject to an absolute NNN ground lease guaranteed by River Place Realty Company, an H-E-B subsidiary. The initial term is 30 years, with over 22 years remaining and scheduled increases every 5 years throughout the term and options.
The site occupies a signalized hard corner near Highway 410 and Valley Hi Drive, with the Highway 410 corridor reporting over 59,900 cars per day. The Valley Hi Drive and Cedarhurst intersection reports over 22,000 cars per day. The property serves as an outparcel to a shopping center anchored by H-E-B, Dollar Tree, and Gold’s Gym, with McDonald’s, Burger King, Taco Bell, Church’s Chicken, O’Reilly Auto Parts, and AutoZone also identified among the surrounding tenants.
The property is next to Lackland Airforce Base, which houses 24,000 Active Duty Members, 10,000 Department of Defense Civilians, and 11,000 Contractors and their Families. The 5-mile radius includes a captive population of over 197,081 people and average household income of over $54,767.
The site occupies a signalized hard corner near Highway 410 and Valley Hi Drive, with the Highway 410 corridor reporting over 59,900 cars per day. The Valley Hi Drive and Cedarhurst intersection reports over 22,000 cars per day. The property serves as an outparcel to a shopping center anchored by H-E-B, Dollar Tree, and Gold’s Gym, with McDonald’s, Burger King, Taco Bell, Church’s Chicken, O’Reilly Auto Parts, and AutoZone also identified among the surrounding tenants.
The property is next to Lackland Airforce Base, which houses 24,000 Active Duty Members, 10,000 Department of Defense Civilians, and 11,000 Contractors and their Families. The 5-mile radius includes a captive population of over 197,081 people and average household income of over $54,767.
Key Highlights
- Absolute NNN ground lease guaranteed by River Place Realty Company, an H‑E‑B subsidiary
- 30‑Year initial term with over 22 years remaining
- Scheduled increases every 5 years throughout the term and options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
Explore this area
Business Placement
Demographics for 78227, TX
46,594
Population
16,008
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
77%
High-School Grad
19.1 sq mi
ZIP Area
2,439
Density / Sq Mi
$48,049
Median Household Income
$28,857
Median Earnings
$1,112
Median Rent
$151,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Outparcel lease at a grocery-anchored center with signalized hard-corner access and established retail surroundings.
Where is this nnn property located?
The property is located at 246 Valley Hi Dr San Antonio, TX.
What are key features of this property?
This property features: Absolute NNN ground lease guaranteed by River Place Realty Company, an H‑E‑B subsidiary; 30‑Year initial term with over 22 years remaining; Scheduled increases every 5 years throughout the term and options
