Verde Plaza

Contact

WILL WALTERS
214-675-3665
WILLWALTERS@DUWESTREALTY.COM

 

JEFFERSON KNOX
972-665-7244
JKNOX@DUWESTREALTY.COM
 

 

Back to Properties
Location

17115 N Interstate 35

Schertz, Texas 78154

Price:  
$8,865,000
Cap Rate:  
7.25%
Description

Verde Plaza is a newly constructed (2015) retail center in Schertz, Texas, the third largest city in the San Antonio-New Braunfels metropolitan area. Situated on 2.49 acres facing Interstate 35, the plaza benefits from excellent visibility from the highway and is within the marquee retail corridor of the city. The 24,203 square-foot center is 100% leased to three tenants: Chicago Title of Texas, Bank of San Antonio, and the United States Government, which operates MEDCOM that serves veterans and active duty service members in the area including nearby Rudolph Air Force Base. The building is located in front of the Amazon Fulfillment Center that employs 500 to 1,500 daily depending on the time of year. The Year 1 NOI is $642,768 and there are scheduled rent increases in 2018, 2019, and 2020.

Download Flyer
Property Finder