1235 Historic Old Hwy 90 W hwy - Retail FOR SALE


San Antonio, TX 78227- Los Jardines
$15,400,000 USD
954-302-7365
1235 Historic Old Hwy 90 W hwy, San Antonio, TX for Sale
$15,400,000 USD
Retail - FOR SALE
1/18
null | 6% Cap Rate

1235 Historic Old Hwy 90 W hwy
San Antonio, TX 78227
Los Jardines


HIGHLIGHTS

  • City of San Antonio Backed Tenant (S&P: AAA) | Option To Extend | Scheduled Rental Increase
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Crosstowne Mercado | Dense Retail Corridor
  • Lackland Air Force Base | High Growth Region
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • Dense Demographics In 5-mile Trade Area

OVERVIEW

• Pre-K 4 SA is an early education system founded and run by the city of San Antonio and its partner school districts • 3+ years remaining with 1 (8-year) option to extend • The lease features a 12% rental increase at the beginning of the option period • The tenant has operated at this location since 2013 and has already exercised one option period, demonstrating the tenant’s commitment to the site

FOR SALE DETAILS

PRICE

$15,400,000 USD

PRICE/SF

$308 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pre-K 4 SA - San Antonio TX

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

5.43 AC

LAND SF

236,531 SF

ZONING

C-3NA

APN/PARCEL ID

11379-006-0230

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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