1110 Roosevelt Ave - Fast Food FOR SALE


San Antonio, TX 78210- Roosevelt Park
$2,700,000 USD
480-221-4221
1110 Roosevelt Ave, San Antonio, TX for Sale
$2,700,000 USD
Fast Food - FOR SALE
1/7
null | 4.67% Cap Rate

1110 Roosevelt Ave
San Antonio, TX 78210
Roosevelt Park


HIGHLIGHTS

  • Over 9 Years Remaining | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership
  • Proximity To Major Thoroughfares (274,000 VPD) | Downtown San Antonio | Large Student Population
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The tenant has over 9 years remaining on its lease with 3 (5-year) options to extend • Corporate signed lease by Whataburger Restaurants, LLC • Features 10% rental increases every 5 years throughout the initial lease term and at the beginning of each option period, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$1,125 USD /SF

CAP RATE

4.67%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

C-2

APN/PARCEL ID

02977-002-1290

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.