For Sale: Fully Leased Retail Center in a High-Growth Area
The Center at Foster
San Antonio, TX
Property Details
Summary
- Sale Price: $6,250,000
- Total SF: 14,026 SF
- Lot Size: 1.8467 acres
- Year Built: 2020
- Lease Status: 100% Occupied
- CAP Rate: ~6.44%
- Location: Corner of North Foster Rd & Summerfest Dr, San Antonio, TX
- Nearby Anchor: Walmart Outparcel
Property Overview
Center at Foster is a modern, fully leased retail center strategically located at the corner of North Foster Road & Summerfest Drive in San Antonio, TX. Built in 2020, this 14,026 SF multi-tenant retail property sits on 1.85 acres and benefits from a strong anchor-driven traffic generator with a Walmart outparcel nearby. The center offers stable, long-term NNN leases, high visibility from all directions, and easy access, making it an ideal investment for income-focused buyers.
For Sale – Prime Retail Investment
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Key Highlights
• 100% Leased — Fully occupied with zero turnover.
• Strong Location & Visibility — Hard corner exposure with high traffic counts.
• Anchor Effect — Walmart outparcel ensures consistent foot traffic.
• Growing Market — Surrounding area adding ~6,500 new homes and apartments.
• Built in 2020 — Modern construction with low maintenance.
• Investment Metrics — Sale price: $6,250,000 | CAP Rate: ~6.44% | Price/SF: ~$445
STRONG ECONOMY:
- One of the nation’s most robust economies.
- Diverse industries: Aerospace, Finance, Government & Military, Health Care, IT, Manufacturing, Hospitality & Entertainment, Telecommunications.
- Known for steady growth and strong national and global investment opportunities.
- Skilled, educated workforce and vibrant cultural mix attract international business.
CULTURAL DIVERSITY
- Unmatched cultural mix enhances business and community life.
- Rich traditions, vibrant arts, and diverse entertainment options contribute to quality of life.
- Supportive business environment and lifestyle appeal to families, entrepreneurs, and global companies.
BOOMING TRADE
- Texas is a national leader in world trade, leading the U.S. for over six consecutive years.
- San Antonio’s thriving economy and skilled workforce are major contributors to this success.
- Leading export markets for San Antonio metropolitan firms are Mexico ($989M) and Canada ($980M).
EDUCATED WORKFORCE:
- The city benefits from a highly skilled and educated labor pool.
- Access to top universities, research centers, and technical training programs supports industry needs.
- Workforce talent attracts both national and international businesses across sectors like aerospace, IT, healthcare, and manufacturing.
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