Skip to main content

Shopping Strip

Waterford Square

4202-4254 Thousand Oaks Dr, San Antonio, TX 78217

Listing Price: $7,596,000

Cap Rate
4.44%
Gross SF
61,216
Rentable SF
61,216
Price/Gross SF
$124.09
Lot Size
6.51 acres
Year Built
1983

Investment Overview

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 69 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, Loyalty Lounge, 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.

Investment Highlights

  • 61,216-Square-Foot, Multi-Tenant Neighborhood Retail Center
  • 69% Occupied | All Leases are Triple-Net
  • Significant Upside Potential in Leasing Vacant Space | Pro Forma Cap Rate is 8.75%
  • Priced at $124 per Square Foot | Below Replacement Cost

Exclusively Listed By

Shopping Strip

Waterford Square

Listing Price: $7,596,000

Cap Rate
4.44%
Gross SF
61,216
Rentable SF
61,216
Price/Gross SF
$124.09
Lot Size
6.51 acres
Year Built
1983

Investment Highlights

  • 61,216-Square-Foot, Multi-Tenant Neighborhood Retail Center
  • 69% Occupied | All Leases are Triple-Net
  • Significant Upside Potential in Leasing Vacant Space | Pro Forma Cap Rate is 8.75%
  • Priced at $124 per Square Foot | Below Replacement Cost

Investment Overview

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 69 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, Loyalty Lounge, 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.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower