For Sale
$1,500,000

4681 Walzem RdSan Antonio, TX 78218

High-Yield San Antonio Retail Redevelopment

Overview

Added:
Dec 11, 2024
Days on market:
121

Highlights

  • Exceptional redevelopment opportunity: 100% occupied, NNN-leased convenience store, gas station, and QSR on a 1.5M asking price, currently yielding $40,000 NOI (2.67% cap rate), with projected NOI of $120,000 (8% cap rate) after redevelopment.
  • Prime San Antonio location: Hard corner pad site on Highway 410 corridor in Bexar County, TX (78218), offering excellent visibility and highway access.
  • High-demand area: Successful comparable redevelopments demonstrate strong market potential and scarcity of available pad sites.
  • Motivated seller: Debt-free seller offering a low-risk, high-return investment opportunity.

Property Details for 4681 Walzem Rd

Property type
Retail properties, Grocery and convenience stores

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5106232
Longitude
-98.3988277
4681 Walzem Rd, San Antonio, Texas
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-Yield San Antonio Retail Redevelopment
Where is the retail property located?
The property is located at 4681 Walzem Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Exceptional redevelopment opportunity: 100% occupied, NNN-leased convenience store, gas station, and QSR on a 1.5M asking price, currently yielding $40,000 NOI (2.67% cap rate), with projected NOI of $120,000 (8% cap rate) after redevelopment.; Prime San Antonio location: Hard corner pad site on Highway 410 corridor in Bexar County, TX (78218), offering excellent visibility and highway access.; High-demand area: Successful comparable redevelopments demonstrate strong market potential and scarcity of available pad sites.
How can I contact the broker?
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4681 Walzem Rd
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