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San Antonio, TX - Walgreens (Subleased to Popshelf)

$4,950,000

4351 Thousand Oaks Drive, San Antonio, TX 78217

Active
Last Updated: 01/13/2026

8

Cap Rate

396,000

NOI

Details:
Cap Rate:    8%
NOI:    $396,000
Building Size:    12,197 sqft
Lot Area:    1.32 acres
Occupancy:    100%
Year Built:    2003
Zoning:    C3: General Commercial District
Description:

• The Walgreens is currently subleased to pOpshelf and has over 2 years of term remaining
• The asset is located at the signalized hard corner intersection of Thousand Oaks Dr and Nagodoches Rd, providing the site with excellent visibility and frontage on two major thoroughfares
• Thousand Oaks Dr and Nagodoches Rd combine to average over 59,900 vehicles passing by daily, increasing consumer exposure to the site

• The subject property is an outparcel to a Walmart Supercenter with other national/credit tenants including Whataburger, Bank of America, Taco Cabana, Dunkin’, and more
• The property is located in the center of a dense retail corridor with other national/credit tenants including H-E-B, Planet Fitness, Petco, Ross, McDonald’s, Taco Bell, and many others
• Strong tenant synergy promotes crossover shopping to the subject property

Map:
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