The Center at Foster
San Antonio, TX
Building
Summary
- Price $6,250,000
- NOI $402,857
- CAP Rate 6.44%
- PSF $445 SF
- Total SF 14,026
- Type Retail
- Lease Type NNN
- Tenancy Multi Tenant
- Year Built 2020
- Lot Size 1.8467 AC
Property Overview
100% Leased
Zero Turn over
Wal-Mart outparcel sitting on a hard corner.
Immediate area booming in new home and apartment development (estimated 6,500 new homes being added). Located on the corner of North Foster Road and Summerfest Drive with visibility on all sides.
STRONG ECONOMY San Antonio has one of the most robust economiesin the country. This is due to a diverse industry base; Aerospace, Financial Ser vices, Government and Military, Health Care & Bioscience, Hospitality & Entertainment, Information Technology, Manufacturing and Telecommunications.
Today San Antonio is viewed as a city of steady growth and tremendous investment opportunities, both nationally and globally. A highly qualified, educated workforce and unmatched cultural mix also position San Antonio as a hot spot for international business.
BOOMING TRADE Texas stands out as a national leader in world trade. It has led the United States in international trade for more than six consecutive years – and without a doubt, San Antonio’s thriving economy and workforce have a lot to do with this economic success.
According to U.S. Department of Commerce statistics, Mexico and Canada are the leading export markets for San Antonio metropolitan-area firms, with exports totaling $989 million and $980 million, respectively.
