5580 Fm-3009 - Storefront FOR SALE
Schertz, TX 78154 |
5580 Fm-3009
Schertz, TX 78154
HIGHLIGHTS
- Great tenant lineup, with national brands leasing more than 70% of the center
- Outparcel to Walmart Supercenter anchored center with I-35 location and visibility
- Located in strong retail corridor at intersection of FM 3009 and I-35 with H-E-B and Lowe’s anchors in immediate area
- Traffic counts exceed 30,000 VPD on FM 3009, easy access to I-35 with over 152,612 VPD
- Great demographics in high growth San Antonio, TX MSA, 3rd fastest growing economy in the United States
- Below market rents in place with original tenants offers potential for significant future value add potential
OVERVIEW
Oldham Goodwin is pleased to present Schertz Retail Plaza for your consideration. Schertz Retail Plaza is shadow anchored by a Walmart Supercenter and situated at the intersection of FM-3009 and I-35 in booming Schertz, TX (San Antonio MSA). The center has great occupancy history, and over 70% of the center is leased to nationally recognized brands. The center benefits from tremendous day time traffic in the area due to the ease of access to I-35 (over 152,612 VPD) and surrounding retailers including Lowe’s Home Improvement and H-E-B Grocery. Below market rents on several original leases offer the rare opportunity for tremendous future upside potential.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Tri County Retail Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
12000
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
79
LAND DETAILS
LAND ACRES
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LAND SF
-
ZONING
-
APN/PARCEL ID
151492
