19202 Stone Oak PkwySan Antonio, TX 78258

For Sale
$6,256,000

San Antonio restaurant complex, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
93
Stone Oak Square, a 16,092 square foot multi-tenant retail property in San Antonio, Texas, presents a compelling investment opportunity. Located at the hard corner of Stone Oak Parkway and Huebner Road (59,800+ vehicles per day), this 100% occupied center boasts a 6.00% cap rate and a Net Operating Income (NOI) of $375,414. Built in 2001 on a 1.55-acre lot, the property features an average suite size of 1,609 square feet, shallow bay depths, and a highly visible monument sign. The property is strategically positioned near major roadways, including State Highway Loop 1604, and benefits from exceptional demographics, with average household incomes exceeding $127,800 within a 1-mile radius, $146,700 within 3 miles, and $142,000 within 5 miles. Effective rents average $23.33 per square foot, NNN, and the asking price is $6,256,000 ($388.76 per square foot). The property's proximity to significant retail centers, including those anchored by H-E-B, Target, Whole Foods, Costco, and Walmart, further enhances its value and potential for continued success. The tenant mix includes a variety of restaurants, coffee shops, and service businesses. This one-story building offers a strong investment opportunity in a high-growth area of San Antonio.

Highlights

  • 100% leased, multi-tenant retail building on a hard corner, near Loop 1604 in San Antonio's affluent North submarket.
  • Effective rent averages $23.33/SF, NNN.
  • High average household incomes exceeding $127,800 within a 1-mile radius, $146,700 within 3 miles, and $142,000 within 5 miles.
  • Lova Cafe enjoys high visibility in an end-cap space with outdoor seating.
  • Average suite size is 1,609 SF with excellent visibility and a prominent monument sign at Stone Oak Parkway & Huebner Road.
  • Priced at or below replacement cost at $388.76/SF.

Property Details for 19202 Stone Oak Pkwy

Property type
Other retail properties, Restaurants
Square Feet
16,092 SF
Year Built
2001
Stories
1
Lot Size (sq. ft)
67,518 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.6273995
Longitude
-98.4942366
19202 Stone Oak Pkwy, San Antonio, Texas

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19202 Stone Oak Pkwy
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