12834 Potranco Rd San Antonio, AL 78245
- Retail properties
Current Use by Public Records
- Tia’s Taco Hut / Mexican Restaurant
Property Details for 12834 Potranco Rd
- Year built
- 2024
- Property type
- Retail properties
- Property subtype
- Investment properties
Description
The developer recently completed construction of the brand-new multitenant retail building in 2024, benefiting a new investor with zero deferred maintenance and transferable warranties (i.e.: roof warranty). *New Long-Term NNN Leases 10-year primary lease terms with fixed increase for all tenants. All the leases commenced in 2024 providing nearly full, long term passive income. All leases are at market rents providing additional security to any owner. An investor will benefit from the full occupancy of the newly developed building and diverse tenant mix. Potranco Retail Center is ideally located in a high income community of West San Antonio with $129,858 average household incomes in the 1-mile radius. The avg household income annual growth rate in the immediate, 1-mile, trade area is a healthy 3.02%. The subject property benefits from its location surrounded by the densely populated trade area with 212,195 people in the 5-mile radius. The annual population growth rate from 2024 – 2029 in the 3-mile radius is 3.98% supporting the strong commercial and residential development nearby. Potranco Retail Center benefits from commuters traveling to/from W Loop 1064 S which is less than 2.5 miles from the subject property. Several major retail anchors in trade area including Walmart Supercenter, Costco, Ross Dress for Less, TJ Maxx and Home Goods, Kohl’s and several other nationals.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- State
- Alabama