4230 North Foster Rd, San Antonio, TX 78244
- Strip malls
- 14,400 SF
- 1.85 lot acres
Current Use by Public Records
- Boba Tea-Banh Mi Corn Dog Pho / Restaurant
- Buffalo Wild Wings ‘GO’ / Restaurant
- Converse Smiles / Dental Office
- El Bracero Bar & Grill / Restaurant
Property Details for 4230 North Foster Rd
- Year built
- 2019
- Lot size
- 1.85 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 05091-413-0040
- APU
- 50914130040
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 1, 2019 | — | Center At Foster Partners Ltd | 35 Foster Investments Ltd | Venders Lien | — |
Description
Exceptional investment opportunity: This 14,026 square foot shopping center in San Antonio, Texas, is offered at $6,200,000, representing a 6.46% cap rate and a price per square foot of $445. Built in 2020, this single-building property sits on a 1.85-acre lot at the signalized hard corner of Summer Fest Drive and North Foster Road, boasting excellent visibility and accessibility. The property features eight tenants under NNN leases, ensuring minimal landlord responsibilities and a stable income stream with a current NOI of $400,657. Located within a thriving area, the center benefits from a high population density, with over 93,000 residents and 30,000 households within a 3-mile radius. North Foster Road sees 28,859 vehicles daily, providing significant traffic exposure. The property offers convenient access to nearby neighborhoods including Woodlake Park, Candlewood Park, and Sunrise. This is a prime retail investment with strong tenant occupancy (100%) and a proven track record of success. The property's strategic location and limited landlord responsibilities make it an attractive option for discerning investors seeking a stable, high-performing asset. The address is 4230 N Foster Rd, San Antonio, TX 78244.
Value Estimations
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $710,000 Current use
- MEDICAL BUILDING
- $1,190,000 Change: +67% Conversion: Difficult
- OFFICE BUILDING
- $955,000 Change: +34% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $925,000 Change: +30% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.3588
- Latitude
- 29.4672
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
