2805 Thousand Oaks DrSan Antonio, TX 78232

Property Details for 2805 Thousand Oaks Dr

Year built

1985

Lot size

3.40 AC

Property size (Sq ft)

31,191 SF

Property type

Retail properties

Property subtype

Retail space

Description

The Plaza at Thousand Oaks, located at 2805-2897 Thousand Oaks Drive, San Antonio, TX 78232, presents a compelling investment opportunity. This single-story, 31,191 square foot retail center, built in 1985 and renovated in 2001, boasts a 92.4% occupancy rate across 11 tenants in 12 units. The property features a Net Lease (NNN) structure and is classified as a Class B stabilized investment. The pro-forma Net Operating Income (NOI) is $370,573. Situated on a 3.4-acre lot with C-2 & C-3 zoning, the plaza benefits from a high-traffic location at the intersection of Thousand Oaks Drive and Jones Maltsberger Road, just a short distance from US 281 and Loop 1604E. The strong consumer market is evidenced by 236,860 residents within a 3-mile radius, exhibiting an average household income of $112,856. The seller guarantees the single vacancy. Many tenants have occupied their spaces for over a decade, and the asking rents are below market average for comparable centers in the area. This presents a significant opportunity to acquire a well-established retail center below replacement cost in a rapidly growing area of San Antonio, the second-largest city in Texas. The property's strategic location and strong tenant base make it an attractive investment for both seasoned and new investors. The seller is motivated and ready to discuss your investment strategy.

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.5789

Longitude

-98.4426

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].