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E Loop 1604 N

Boomslang Ventures Sells Fully Leased Autumn Heights Retail Center In Converse Texas For Undisclosed Amount
SOLDRetail

Boomslang Ventures Sells Fully Leased Autumn Heights Retail Center In Converse Texas For Undisclosed Amount

E Loop 1604 N

Building Size

13,949 SF

Asset Type

Retail

Closing

Aug 19, 2025

AI

The property asset involved in the context is a retail center located at 7215 E Loop 1604 in Converse, Texas, with a total area of 13,949 square feet. This fully leased retail center, known as Autumn Heights, was constructed in 2020 and features tenants including Great Clips, Marco’s Pizza, and Verizon Wireless.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Approximately undisclosed
  • Address: 7215 E Loop 1604
  • Market: Converse
  • Seller: Boomslang Ventures
  • Broker: Riley Sharman - NorthMarq

Riley Sharman represented the seller, Boomslang Ventures, in the transaction of the retail center. The property is situated roughly 14 miles northeast of San Antonio and was sold as a fully leased investment.

Players

Riley Sharman

NorthMarq

Broker

6 deals

Broker
NorthMarq
NorthMarqBrokerage

Converse Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93