778 Cibolo Valley Dr Cibolo, TX 78108
This exceptional investment opportunity presents a fully leased, multi-tenant retail shopping center totaling 18,446 square feet situated on a 1.942-acre lot in Cibolo, Texas, zip code 78108. The property, built in 2023, consists of two buildings and boasts a diverse mix of seven tenants, including Heartland Dental, all under 10-year leases with built-in rent bumps. Located at 778 Cibolo Valley Dr, this center benefits from high visibility and accessibility, situated as an outparcel to a Walmart and adjacent to a new H-E-B development. The property enjoys a 6.35% cap rate and a strong net operating income (NOI) of $760,075, reflecting an asking price of $11,970,000 ($648.92 per square foot). The area demonstrates robust demographics, including a 4.43% annual population growth rate within a 1-mile radius, a daytime population of 94,116 within 5 miles, and an average household income of $128,891 within 1 mile. The property's design includes outdoor patio areas, and the building's flexible layout makes it adaptable to various uses. This investment offers a stable and diversified income stream with scheduled rent increases and significant potential for asset appreciation in a rapidly growing San Antonio suburb. The property is a NNN lease, meaning tenants are responsible for property management fees, creating a truly passive investment opportunity. This is a multi-tenant retail investment opportunity in one of San Antonio's fastest-growing suburbs.
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Shikha Nandal, DDS Dental Office
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Buffalo Wild Wings 'GO' Restaurant
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The Joint Chiropractic Alternative Medicine Practice
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Buffalo Valley Dental Care Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.