11880 San Antonio Texas 78245, San Antonio, TX 78245
- Neighborhood centers
- 14,442 SF
- 1.78 lot acres
Current Use by Public Records
- Neighborhood centers
Property Details for 11880 San Antonio Texas 78245
- Year built
- 2021
- Lot size
- 1.78 lot acres
- Property type
- Neighborhood centers
- Property subtype
- Retail properties & Spaces
Description
This exceptional 14,442 square foot retail strip center, built in 2021, boasts a 100% occupancy rate and a strong net operating income (NOI) of $437,448, representing a compelling 7.00% capitalization rate. Located at 11880 U.S. Hwy. 90, San Antonio, Texas 78245, this single-building property sits on a 1.78-acre lot in the rapidly growing West Side of San Antonio, Bexar County. The property benefits from excellent visibility and multiple access points from the high-traffic U.S. Highway 90, ensuring significant exposure to a large customer base. This prime location is surrounded by new residential developments, including single-family homes and apartment complexes, as well as major retail establishments, creating a thriving commercial environment. The West Side of San Antonio is experiencing exceptional growth, with 49% of the 43 fastest-selling subdivisions located in this area. Further fueling this growth is the addition of 700 new lots to the Luckey Ranch development, ultimately adding 3,000 new homes. The construction of a new 1 million square foot Amazon fulfillment center nearby will bring an additional 1,500 jobs to the area, further enhancing the property's long-term value and potential. This is a NNN leased, multi-tenant property presenting a rare opportunity for investors seeking a high-performing asset in a dynamic market. The asking price is $6,249,257.14.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.7278
- Latitude
- 29.3754
