
Potranco Retail Center
12834 Potranco Road
San Antonio, TX 78245
Price: $6,740,000Cap Rate: 6.00%NOI: $404,359Building SF: 10,921 SFLot Size: 1.26 ACYear Built: 2024Status: Available
INVESTMENT HIGHLIGHTS:
Brand New Construction
- The developer recently completed construction of the brand-new multitenant retail building in 2024, benefiting a new investor with zero deferred maintenance and transferable warranties (i.e.: roof warranty).
New Long-Term NNN Leases
- 10-year primary lease terms with fixed increase for all tenants.
- All the leases commenced in 2024 providing nearly full, long term passive income.
- All leases are at market rents providing additional security to any owner.
100% Occupancy – Diverse Tenant Mix
- An investor will benefit from the full occupancy of the newly developed building and diverse tenant mix.
Surrounding Adjacent Development
- Dollar Tree Anchored Shopping Center: Brand new 44,000 SF retail center located directly across Reid Ranch Road from the subject property.
- Tommy’s Express Car Wash, Goddard School and Belden’s Automotive and Tires have all broken ground completing the well-rounded retail center.
High Traffic Counts
- 42,578 cars per day along Potranco Road, a major thoroughfare in West San Antonio.
PROPERTY HIGHLIGHTS:
Significant Average Household Incomes
- Potranco Retail Center is ideally located in a high income community of West San Antonio with $129,858 average household incomes in the 1-mile radius.
- The avg household income annual growth rate in the immediate, 1-mile, trade area is a healthy 3.02%.
Densely Populated Trade Area
- The subject property benefits from its location surrounded by the densely populated trade area with 212,195 people in the 5-mile radius.
- The annual population growth rate from 2024 – 2029 in the 3-mile radius is 3.98% supporting the strong commercial and residential development nearby.
Ideally Located Within Major Retail Corridor Near Loop 1604
- Potranco Retail Center benefits from commuters traveling to/from W Loop 1064 S which is less than 2.5 miles from the subject property.
- Several major retail anchors in trade area including Walmart Supercenter, Costco, Ross Dress for Less, TJ Maxx and Home Goods, Kohl’s and several other nationals.