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31394543
31394544

8214 FM78, Converse, TX 78109

RK
TX TX 693716
RESOLUT RE San Antonio
Listed by RESOLUT RE San Antonio
$4,175,000
83 days on market
Updated 13 days ago

Santa Fe Plaza

Details
Property Type Retail
Sub Type Shopping Center
Net Rentable (SqFt) 12,100
Cap Rate 7.24%
NOI $302,314
Occupancy 100%
Tenancy Multi
Lease Type NNN
Class B
Year Built 2020
Buildings 1
Stories 1
Acreage 1.500
Zoning OCL
Investment Type Stabilized
Ground Lease No

Price Adjusted Stabilized Multi-Tenant Retail Center In a Fast Growing Submarket of San Antonio

Marketing description

RESOLUT RE is pleased to present Santa Fe Plaza, a recently constructed, fully occupied NNN retail center in Converse, Texas — one of the strongest-performing growth submarkets in the San Antonio MSA.

Built in 2020 and 100% leased to six tenants across medical, food & beverage, and service uses, the property offers a turnkey income profile, contractual rent escalations, and low landlord obligations under an all-NNN lease structure.

Investment highlights

  • 12,100 SF Multi-Tenant Retail Center on 1.5 Acres
  • Recent Construction
  • Diversified Tenant Roster
  • NNN Leases
  • High Visibility Along a Major Corridor

Listing Contacts

RK
TX TX 693716
RESOLUT RE San Antonio
Listed by RESOLUT RE San Antonio

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$302,314.00
$25,192.83/mo

Valuation Metrics

0
DSCR
7.24%
Cap Rate
7.24%
ROI

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Additional Information

Name
Ray Kang, CCIM
License
TX 693716
Brokerage
RESOLUT RE
Brokerage Phone
2104719757
Title
Principal
Brokerage Address
10127 Morocco Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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