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Investment Sales|Sale

Crestwood Plaza

534 10th Street

Floresville, TX 78114

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28,238 SF


$3,326,000 | 8.61% Cap

Property Description

REATA Investment Sales has been exclusively retained to offer for sale Crestwood Plaza (the “Property”), a 28,238 square foot neighborhood retail center located in Floresville, Texas (San Antonio MSA). Floresville is a growing community situated just south of San Antonio and just north of the oil and gas discoveries in the Eagle Ford Shale region.

Crestwood Plaza is positioned along 10th Street/US 181, the major thoroughfare traveling through Floresville, providing great visibility and exposure for the center. The Property is 100% occupied and anchored by a strong-performing Dollar Tree, who just exercised their first 5-year option that goes in to effect in June 2019. National tenants make up 65% of the rent roll and 69% of the rental revenue, creating secure, stable cash flow that yields attractive day one returns.

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