1827 N Loop 1604 E - Restaurant FOR SALE


San Antonio, TX 78232- Redland
$2,995,000 USD
214-560-3249
1827 N Loop 1604 E, San Antonio, TX for Sale
$2,995,000 USD
Restaurant - FOR SALE
1/8
null | 6.75% Cap Rate

1827 N Loop 1604 E
San Antonio, TX 78232
Redland


HIGHLIGHTS

  • Over 9 Years Remaining | Annual Rental Increases
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Part of the Legacy Shopping Center | High Traffic Area | Northwoods Shopping Center
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The tenant has over nine years remaining on the initial lease term, demonstrating a strong long-term commitment to the site • The lease includes a 2.50% annual rent bump, increasing NOI and providing a hedge against inflation

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$364 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mr. Crabby's Seafood | Legacy Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

87

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-3

APN/PARCEL ID

15671-004-0030

ASK ABOUT THIS PROPERTY

Ryan ByrneSRS Real Estate PartnersMore Info
214-560-3249

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Ryan ByrneSRS Real Estate PartnersMore Info
214-560-3249

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