Listed by Oldham Goodwin Group Bryan / College Station
$6,675,000
Bulverde Retail Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 16,040
Net Rentable (SqFt) 6,240
Occupancy 61.25%
Tenancy Multi
Brand/Tenant Luxxe Salon Suites, PJ's Coffee
Lease Type NNN
Pro-Forma Cap Rate 6.76%
Pro-Forma NOI $470,200
Year Built 2023
Buildings 2
Acreage 1.894
Zoning Master Planned Community District
Investment Type Owner/User
Bulverde Retail Center | 16,040 SF Multi-Tenant Retail Center
Marketing description
OLDHAM GOODWIN is pleased to present the Bulverde Retail Center, an HEB anchored multi-tenant retail property for your consideration. This newly constructed retail property is part of the 400,000 SF Bulverde marketplace mixed-use development in a desirable submarket of North San Antonio. The property benefits from great visibility and traffic counts on Bulverde Road, and excellent co-tenancy with an expansive list of national retailers. The center is anchored by 7+ year leases with Luxxe Salon Suites and PJ's Coffee, and offers an additional 6,240 SF in shell condition, making it an ideal property for an owner occupant, or investor with a Tenant prospect for the space.
Investment highlights
- Desirable location in the 400,000 SF Bulverde Marketplace Mixed Use Development.
- Bulverde Marketplace experienced over 6.30 Million visits in 2024, ranking as the 3rd most visited community shopping center in San Antonio, and in the 97th percentile nationwide per Placer.ai.
- Excellent visibility and exposure on highly trafficked Bulverde Road, great accessibility with hard corner location at signalized intersection
- Adjacent to 330 Unit Class A multifamily property.
- Great co-tenancy and traffic generation from strong lineup of national retailers including LA Fitness, Gold's Gym, HEB Grocery, AT&T, Starbucks and many more.
- 6,240 SF shell space provides flexibility for owner occupant or investor with Tenant requirement.
- Over seven (7) years remaining on leases with PJ's Coffee and Luxxe Salon Suites.
Listing Contacts
Listed by Oldham Goodwin Group Bryan / College Station
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