The subject property is a 6,600-square-foot, three-tenant retail center located in the desirable Stone Oak area of northern San Antonio, Texas. Tenants are a complementary mix of internet-resistant and service-oriented businesses, including 7 to 7 Dental, Robb Kelly Recovery Group, and The Old English Tea Shoppe. All leases are triple-net, and all tenants have a personal guarantee. The building was constructed in 2018 and is situated on 0.92-acre parcel with a concrete parking lot.
Stone Oak Health Center is well positioned near the signalized intersection of Stone Oak Parkway and Evans Road/Canyon Golf Road. The property is easily accessible from multiple ingress and egress points with cumulative traffic counts of 37,100 vehicles per day. The center is located near many national and regional retailers including Starbucks, Chase Bank, Walgreens, Marco’s Pizza, The UPS Store, Subway, Anytime Fitness, McDonald’s, H-E-B plus!, Half Price Books, Burlington, PetSmart, CAVA, The Home Depot, Sam’s Club, Alamo Drafthouse and many more. Stone Oak Mercantile, a mixed-use center currently under construction that will feature retail, restaurants, community spaces, a freestanding Chick-fil-A and other pad sites, is located directly across from the subject property.
- 6,600-Square-Foot, Three-Tenant Retail Center Located in the Desirable Stone Oak Master-Planned Community
- 100% Occupied | All Leases are Triple-Net | All Tenants have Personal Guarantees
- Tenants are a Complementary Mix of Medical (60% of the GLA), Retail, and Office
- Annual Rent Increases Provide Year-over-Year Income Growth
- Building is Newer (2018) Construction with a Stucco Facade and Metal Awning Accents
- Well Positioned Near the Signalized Corner of Stone Oak Parkway and Evans Road/Canyon Golf Road | Cumulative Traffic Counts Exceed 37,100 Vehicles Per Day
- Directly Across from Stone Oak Mercantile (Under Construction), a Mixed-Use Center Featuring Dining and Retail Tenants, Chick-fil-A and Black Rock Coffee Pad Sites, Community Spaces, and More
- Neighboring Retailers Include Starbucks, Marco’s Pizza, Burger King, and Walgreens
- Desirable Demographics | Population Exceeds 184,594 Residents and Average Household Income is $128,365 within a Five-Mile Radius | Daytime Employment of Approximately 71,011 Workers
- Less than 10 Miles from Camp Bullis Military Training Reservation, a U.S. Army Training Camp Comprised of 27,990 Acres | Provides Base Operations and Training Support to Joint Base San Antonio
- San Antonio is a Top Tourist Destination | The City Hosts 41 Million Visitors Annually | Also Home to Headquarters of Six Fortune 500 Companies Including Valero Energy, Andeavor, USAA, iHeartMedia, NuStar Energy, and CST Brands, Inc.