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Cibolo Shops 784 Cibolo Valley Dr

18,446 SF 100% Leased Retail Building Cibolo, TX 78108 $11,970,000 ($649/SF) 6.35% Cap Rate

Investment Highlights

  • 100% Leased Multi-Tenant Retail Investment Opportunity – Outparcel to Walmart & Adjacent to H-E-B Anchored Development
  • Brand New 2023 Construction – Fungible Building Adaptable to Many Uses Featuring Outdoor Patio Areas
  • Affluent Regional Suburb Recognized as One of the Fastest Growing Areas in the San Antonio MSA
  • New 10-Year Leases to Highly Successful, National and Regional, Internet-Resistant Tenant Mix with Scheduled Rental Escalations
  • Regional Draw from Residents in Cibolo as well as Nearby Marion, Santa Clara, and Schertz
  • Excellent Access and Visibility with Cibolo Valley Drive Frontage

Executive Summary

This new construction, multi-tenant retail building offers an exceptional investment opportunity in one of San Antonio’s fastest-growing suburbs. The property is 100% leased to a diverse mix of internet-resistant, national and regional tenants all with 10-year leases and scheduled rental escalations. All leases require the tenants to reimburse for property management fees, making this a truly passive investment.
Prominently located with frontage on Cibolo Valley Dr., the site is an outparcel to a Walmart anchored development and is adjacent to a brand new H-E-B development. Robust demographics show an annual population growth rate of 4.43% within a 1-mile radius, daytime population of 94,116 within 5 miles, and an average household income is $128,891 within 1 mile of the property. An investor will benefit from a stable and diversified income stream with scheduled rent increases and asset appreciation in one of the country’s most desirable markets.
This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
18,446 SF
Building Class
B
Year Built
2023
Price
$11,970,000
Price Per SF
$649
Cap Rate
6.35%
NOI
$760,095
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.94 AC
Frontage
654 FT on West Borgfeld Road

Nearby Major Retailers

Dutch Bros
MOD Pizza
Buffalo Wild Wings
9Round Fitness & Kickboxing
  • Listing ID: 29744554

  • Date on Market: 10/9/2023

  • Last Updated:

  • Address: 784 Cibolo Valley Dr, Cibolo, TX 78108

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