Bulverde Ranch Crossing

Price: $5,223,000
Sq. Ft.: 10,240
Cap Rate: 5.65%
Built: 2018
NNN

Bulverde Ranch Crossing is a fully stabilized, 10,240-square-foot, multi-tenant retail center located in the San Antonio suburb of Bulverde, Texas. The center is 100 percent occupied, and all leases are triple-net. Tenants are a complementary mix of internet-resistant and service-oriented businesses, including Hill Country Wound Care, Airrosti Physical Therapy, Che Bella Nails & Spa, and The Library Cigar Lounge. The building is new (2018) construction situated on a 1.47-acre parcel, with attractive architecture featuring stone accents and metal awnings.  The property includes its own water well and septic system.

  • 10,240-Square-Foot, Multi-Tenant Retail Center | 100% Occupied | All Leases are Triple-Net
  • Located in the Second Fastest-Growing County in the Nation (per U.S. Census Bureau) | 8.35% Population Growth Rate Between 2020 and 2021
  • Complementary Mix of Internet-Resistant, Service-Oriented Tenants
  • 59% of the Gross Leasable Area is Leased to Medical Tenants | All Leases have Personal Guarantees
  • Building is New (2018) Construction | Situated on a 1.47-Acre Lot with Ample Paved Parking | Property Includes its Own Water Well and Septic System
  • Located on U.S. Highway 281 on the Corner of Casey Road | Traffic Counts are Approximately 32,463 Vehicles per Day
  • Directly Across from Johnson Ranch, a 1,547-Acre Master-Planned Community Currently Under Development | Featuring Approximately 2,800 Homes, Schools, Amenity Park and Nature Trails
  • Highly Affluent Surrounding Area | The Average Household Income within a One-Mile Radius is $158,474; $154,471 within Three Miles; and $154,642 within Five Miles
  • Less than Two Miles South of a Dense Retail Trade Area at the Intersection of U.S. Highway 281 and State Highway 46 with Numerous National and Regional Retailers, Including Home Depot, H-E-B, Walmart, Planet Fitness, CVS, Walgreens, and More
  • The City of Bulverde is Located Approximately 27 Miles North of Downtown San Antonio