2350 SW Military Dr - Freestanding FOR SALE


San Antonio, TX 78224- South Park
$2,741,000 USD
949-698-1105
2350 SW Military Dr, San Antonio, TX for Sale
$2,741,000 USD
Freestanding - FOR SALE
1/10
null | 6.75% Cap Rate

2350 SW Military Dr
San Antonio, TX 78224
South Park


HIGHLIGHTS

  • 100% Occupied 2-Tenant Pad
  • NN Leases | Fee Simple Ownership | Limited Landlord Responsibilities
  • South Park Mall (783,000+ SF) | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 100% occupied, two-tenant pad investment property leased to Verizon and The Vitamin Shoppe. Both tenants are corporate-backed and have shown long-term commitment to the site. Verizon (formerly Cello Partnership, now Verizon Wireless) has exercised both of its 5-year renewal options, extending its lease through 2025. The Vitamin Shoppe has also exercised its 5-year renewal option, extending its lease through 2028, with two additional 5-year options to extend. Both leases are structured as NN with tenants reimbursing for taxes, insurance, and CAM, leaving the landlord with minimal responsibilities. This creates an ideal, low-management investment opportunity for a passive investor seeking stable cash flow from nationally recognized tenants.

FOR SALE DETAILS

PRICE

$2,741,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon & the Vitamin Shoppe | 100% Occupied

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

G-3

APN/PARCEL ID

12328-000-0028

ASK ABOUT THIS PROPERTY

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949-698-1105

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Winston GuestSRS National Net LeaseMore Info
949-698-1105

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