12834 Potranco Rd - Storefront FOR SALE


San Antonio, TX 78245
$6,740,000 USD
858-449-4503
12834 Potranco Rd, San Antonio, TX for Sale
$6,740,000 USD
Storefront - FOR SALE
1/16
null | 6% Cap Rate

12834 Potranco Rd
San Antonio, TX 78245


HIGHLIGHTS

  • NEW CONSTRUCTION: Brand new 2024 construction
  • 100% OCCUPANCY: Fully occupied with solid, diverse tenant mix
  • NEW LONG-TERM LEASES: 10-year primary lease terms for all 4 tenants
  • HIGH TRAFFIC COUNTS: 42,578 cpd at the signalized intersection
  • STRONG DEMOGRAPHICS: $129,858 average household incomes and 3.02% annual growth

OVERVIEW

Brand New Construction • 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. 100% Occupancy – Diverse Tenant Mix • An investor will benefit from the full occupancy of the newly developed building and diverse tenant mix. Surrounding Adjacent Development • Dollar Tree Anchored Shopping Center: Brand new 44,000 SF retail center located directly across Reid Ranch Road from the subject property. • Tommy’s Express Car Wash, Goddard School and Belden’s Automotive and Tires have all broken ground completing the well-rounded retail center. High Traffic Counts • 42,578 cars per day along Potranco Road, a major thoroughfare in West San Antonio. Significant Average Household Incomes • 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%. Densely Populated Trade Area • 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. Ideally Located Within Major Retail Corridor Near Loop 1604 • 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.

FOR SALE DETAILS

PRICE

$6,740,000 USD

PRICE/SF

$4,493 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Potranco Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

Commercial

APN/PARCEL ID

04358-000-0036

ASK ABOUT THIS PROPERTY

Ed Colson, CCIMInvestCore CommercialMore Info
858-449-4503

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Ed Colson, CCIMInvestCore CommercialMore Info
858-449-4503

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.