7215 Loop 1604th N Converse, TX 78109-3295

This exceptional Class A shopping center, Autumn Heights, presents a compelling investment opportunity in Converse, Texas. Boasting 13,949 square feet on a 2.09-acre lot, this 2020-built property enjoys a prime location on the highly trafficked Loop 1604, benefiting from excellent visibility and accessibility. Currently 100% occupied by nine tenants with strong co-tenancy, the center offers a stable, diversified income stream with a 6.75% cap rate and a Net Operating Income (NOI) of $365,441. The asking price is $5,413,940, translating to $388.12 per square foot. Strategically staggered lease expirations ensure consistent rent growth and sustained occupancy. Located in one of San Antonio's fastest-growing suburbs, Autumn Heights benefits from significant population growth—Converse has seen a 75% increase in population over the past six years—and a rising median household income. Further fueling this growth are 12 new subdivisions planned or under construction in the immediate area, promising at least 3,000 new single-family homes. The center features convenient access to an adjacent neighborhood market and benefits from its main entrance directly on Loop 1604. This property offers a rare combination of strong current performance and significant future growth potential.