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Property profile & analytics
FOR SALE
Strip malls

4230 North Foster Rd San Antonio, TX 78244

14,400 SF 1.85 ac lot Built 2019
Entity Owned 7-yr Hold Free & Clear
Property ID
US82-8222083
4230 North Foster Rd, San Antonio, TX 78244 For Sale
$725,000 14,400 SF
4230 North Foster Rd, San Antonio, TX 78244
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2019
Total area 14,400 SF
Lot 1.85 ac (80,455 SF)
APN 05091-413-0040
UPID US82-8222083
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Boba Tea-Banh Mi Corn Dog Pho Restaurant
  • Buffalo Wild Wings ‘GO’ Restaurant
  • Converse Smiles Dental Office
  • El Bracero Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k
Owner & transaction history
Center At Foster Partners Ltd · 7 yrs held
Center At Foster Partners Ltd
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.2M +67.4%
Office building $955,000 +34.3%
Apartment house (5+ units) $925,000 +30.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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