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4230 N Foster Rd 14,026 SF 100% Leased Retail Building San Antonio, TX 78244 $6,137,838 ($437.60/SF) 6.80% Cap Rate
INVESTMENT HIGHLIGHTS
- The subject property has a total population of over 93K residents and over 30K households within a 3-mile radius.
- Limited Landlord Responsibility: All tenant leases are NNN.
- North Foster Road experiences 28,859 vehicles per day in front of the subject property.
EXECUTIVE SUMMARY
The Center at Foster is located at the signalized hard corner of Summer Fest Drive and North Foster Road, with direct access to neighborhoods such as Woodlake Park, Candlewood Park, and Sunrise.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,026 SF
Building Class
B
Year Built
2020
Price
$6,137,838
Price Per SF
$437.60
Cap Rate
6.80%
NOI
$417,373
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.85 AC
Zoning
OCL - Outside City Limits
Frontage
300’ on North Foster Rd
AMENITIES
- Restaurant
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05091-413-0040 | Improvements Assessment | $4,459,880 |
| Land Assessment | $1,040,120 | Total Assessment | $5,500,000 |
PROPERTY TAXES
Parcel Number
05091-413-0040
Land Assessment
$1,040,120
Improvements Assessment
$4,459,880
Total Assessment
$5,500,000
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4230 N Foster Rd
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