4455 Horizon Hl Blvd San Antonio, TX 78229-2258

This exceptional fee-simple retail property, located at 4455 Horizon Hill Blvd, San Antonio, Texas 78229, presents a compelling investment opportunity. The 29,556 square foot building, constructed in 1997 and extensively renovated in 2023, boasts a modified lease with a remaining term of approximately 3.6 years. The current asking price is $6,317,000, representing a compelling price per square foot of $213.73 and an attractive 8.25% cap rate. The property generates a substantial net operating income (NOI) of $521,186. Situated on a 2.61-acre lot, the property includes 50 parking spaces. The lease is guaranteed by the U.S. Government (S&P Aa+ credit rating), providing exceptional security. Recent tenant improvements totaling $1.45 million were completed in October 2023. The tenant is responsible for janitorial services, landscaping, and utilities. This property benefits from its location in San Antonio, a city with a significant veteran population. The lease commenced on April 30, 2017, and expires on April 29, 2027. This is a rare opportunity to acquire a stable, high-performing retail asset with a strong tenant and significant upside potential.