Waterford Square is a 61,216-square-foot, multi-tenant neighborhood retail center located in a densely populated area of San Antonio, Texas. Waterford Square is currently 68 percent occupied, providing upside potential to a future investor by leasing the vacancies. The center has a complementary mix of national and local tenants including Zombies Bar & Live Music Venue, InkSell, Frost Bank, My Alarm Center, Vertical Worship Ministries, State Farm, H&R Block, Pizza Hut, Henry’s Liquor, My Health Family Practice, and Heavenly Heart Adult Day Care. The center is comprised of four multi-tenant buildings, situated on a 6.51-acre parcel.
Waterford Square is strategically located on the signalized, hard corner of Thousand Oaks Drive and Bulverde Road and is easily accessible from multiple ingress and egress points from both roads. The intersection benefits from cumulative traffic counts exceeding 35,160 vehicles per day. The property is well positioned near many national and regional retailers including Walmart, H-E-B Grocery, Dunkin’, Whataburger, 7-Eleven, Metro by T-Mobile, Domino’s Pizza, Wendy’s, Dollar Tree, Firestone Complete Auto Care, McDonald’s, Advance Auto Parts, and more. Waterford Square is strategically situated in a well-known commercial corridor with several local business offices nearby, providing additional traffic to the area. More than 279,558 residents live within five miles of the property, and the average household income is $78,578.
- 61,216-Square-Foot, Multi-Tenant Neighborhood Retail Center
- 68% Occupied | All Leases are Triple-Net
- Significant Upside Potential in Leasing Vacant Space | Pro Forma Cap Rate is 8.98%
- Priced at $124 per Square Foot | Below Replacement Cost
- Complementary Mix of Credit and Local Tenants
- Current Average Rents are Well Below Market
- Property is Comprised of Four Multi-Tenant Buildings | Situated on a 6.51-Acre Parcel with Ample Paved Parking
- Signalized, Hard Corner Location at Thousand Oaks Drive and Bulverde Road with Multiple Ingress and Egress Points | Cumulative Traffic Counts Exceed 35,160 Vehicles per Day
- Serving an Extremely Dense Surrounding Population Exceeding 279,558 Residents within a Five-Mile Radius
- Dense Retail Trade Area | Numerous National and Regional Credit Tenants in the Surrounding Area Including Walmart, H-E-B Grocery, Dunkin’, Whataburger, 7-Eleven, Metro by T-Mobile, Domino’s Pizza, Wendy’s, Dollar Tree, Firestone Complete Auto Care, McDonald’s, Advance Auto Parts, and More
- San Antonio is a Top Tourist Destination, Including Attractions Such as The Alamo, River Walk, SeaWorld, and Six Flags Fiesta Texas
