17026 Bulverde Rd - Retail FOR SALE


San Antonio, TX 78247
$13,572,000 USD
858-822-9811
17026 Bulverde Rd, San Antonio, TX for Sale
$13,572,000 USD
Retail - FOR SALE
1/10
null | 7.28% Cap Rate

17026 Bulverde Rd
San Antonio, TX 78247


HIGHLIGHTS

  • 85% Occupied Class A Retail in Pedestrian Oriented Development
  • Bulverde Marketplace Shopping Center Ranked in 97th Percentile Nationwide with 6.3MM Visits per Year, per Placer.ai
  • Shadow Anchored by State-of-the-Art Grocery Store (H.E.B. Grocery Co.) with Over 2.8MM Visits per Year, per Placer.ai (NAP)
  • Affluent Demographics with Average HHI of $121,300+ in 1 Mile Radius
  • Freeway Expansion on N Loop 1604 Expected to Double Traffic Counts by 2045

OVERVIEW

Bulverde Marketplace is a newly constructed, Class A shopping center comprised of two 17,000+ square foot buildings. The site is a pedestrian-oriented development located in a newly developed shopping center that is ranked in the 97th percentile nationwide with 6.3MM visits per year, per Placer.ai. The property has easy ingress and egress with cross access to surrounding retail and is nearby several national retailers such as LA Fitness, Starbucks, CVS, Goodwill, IHOP, Wendy’s, and more. Bulverde Marketplace is positioned adjacent to ±70,000 SqFt of office and ±300,000 SqFt of retail and restaurant space. The site neighbors a 330-unit urban-style multi-family development and newly built major thoroughfare with three signaled intersections and one mile of road frontage. There are numerous hotels with over 790+ rooms in a 4-mile radius and over 1,800+ apartment units within 1 mile radius, including Bulverde Apartments (currently under construction). The subject property is strategically located near a main retail corridor with immediate access to U.S. 281 (157,736 VPD) and Loop 1604 (83,533 VPD). Traffic counts are expected to double by 2045 after the freeway expansion is completed on N Loop 1604 with over $205MM estimated in road improvements from Redland Rd to Judson Rd. The North Expansion Project will decrease future travel times and improve transportation by reducing congestion, improving mobility and roadway connectivity, and strengthening safety. The property is shadow anchored by state-of-the-art H.E.B. Grocery store with over 2.8MM visits per year, per Placer.ai. The 3.48 acre lot is located in the heart of San Antonio with an average HHI of $121,300+ within a 1-mile radius. Watch Property Video: https://vimeo.com/1002544388?share=copy Watch Loop 1604 Expansion Video: https://www.youtube.com/watch?v=22ZK25tRPMo&t=390s

FOR SALE DETAILS

PRICE

$13,572,000 USD

PRICE/SF

$392 USD /SF

CAP RATE

7.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bulverde Marketplace

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.48 AC

LAND SF

151,589 SF

ZONING

MPCD

APN/PARCEL ID

17365-031-0070

ASK ABOUT THIS PROPERTY

Ryan GomezCushman & WakefieldMore Info
858-822-9811

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Ryan GomezCushman & WakefieldMore Info
858-822-9811

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