Cap Rate: 7.21%
Size: 29,363 SF
Lot Size: 2.74 Acres
Marcus & Millichap is pleased to offer Potranco Plaza (“Property”) for your consideration. This 2005-contructed shopping center consists of 29,363 square feet of leasable area on a prime 2.74 acre hard corner parcel in San Antonio’s Westover Hills neighborhood. Westover Hills is one of the fastest growing areas in Metropolitan San Antonio. The Property benefits from its frontage on Potranco Road, a primary north/south thoroughfare that’s approximately 1.5 miles from TX SH Loop 1604 and TX SH 151, respectfully. In addition, the Property is directly across the street from Walgreens & CVS.
Potranco Plaza is 100% occupied by a mix of appealing service-oriented tenants including Anytime Fitness, Papa John’s Pizza, Westover Hills Dentist, and Rosa Family Clinics. All the tenants have NNN leases, and some have structured rent increases in their primary terms, offering an appealing hedge against inflation.
- Prime Location in Westover Hills Neighborhood | Directly Across the Street from CVS & Walgreens
- Excellent Demographics | Average Household Income Exceeds $75,000 in 1-Mile
- 2.74 Acre Hard Corner Lot | Potranco Road Frontage
- 29,363 SF Shopping Center | Built in 2005
- 100% Occupancy | NNN Leases