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
About this deal
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.
On the Map
Retail
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Players
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