8190-8214 FM 78 - Storefront FOR SALE


Converse, TX 78109
$4,800,000 USD
210-550-4440
8190-8214 FM 78, Converse, TX for Sale
$4,800,000 USD
Storefront - FOR SALE
1/23
null | 6.43% Cap Rate

8190-8214 FM 78
Converse, TX 78109


HIGHLIGHTS

  • 100% NNN Leased, with Personal Guarantees & Annual Rent Bumps
  • 12,200 SF Built in 2021
  • 6.43% Cap rate
  • Well Located Along local primary traffic Corridor - Located near Wal-Mart Super Center
  • In Converse, TX where population is rapidly increasing

OVERVIEW

Introducing Santa Fe Plaza, an established location for Retail opportunities in Converse, TX. This fully NNN leased center with annual rent bumps in place, and quality construction with plenty of parking, is sure to be a business operators desired location in the area now and well into the future. In the dynamic San Antonio - New Braunfels market, and more specifically Converse. Which has seen outsized growth nearly tripling in population over the past decade. Located along the highest trafficked thoroughfare in the area FM 78. This area is surrounded by vibrant retail centers, popular dining establishments, and enticing entertainment venues, also near the areas Power Center a Wal-Mart Super Center. With a diverse mix of residential communities, schools, and businesses nearby, Santa Fe Plaza benefits from a steady flow of potential customers and a strong sense of community. This bustling location offers it’s tenants an exceptional chance to establish and grow their retail venture in a thriving market, with ample opportunities to attract and captivate patrons. With its strategic positioning and strong community presence, the area ensures convenience for both customers and employees. It has a strong demographic profile within a 5-mile radius boasting nearly 220,000 residents and an average household income of nearly $100,000. Located near Randolph Air Force Base which is a strong steady driver of local businesses revenues. Couple all these factors with a pro-growth and commercial friendly local governance and you have recipe for success.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

6.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Santa Fe Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

OCL

APN/PARCEL ID

05080-010-0040,05080-010-0090

ASK ABOUT THIS PROPERTY

Jessie BienvenuLockwood Realty GroupMore Info
210-550-4440

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Jessie BienvenuLockwood Realty GroupMore Info
210-550-4440

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