4646 W Commerce St - Fast Food FOR SALE


San Antonio, TX 78237- Prospect Hill
$8,289,000 USD
480-221-4221
4646 W Commerce St, San Antonio, TX for Sale
$8,289,000 USD
Fast Food - FOR SALE
1/4
null | 6% Cap Rate

4646 W Commerce St
San Antonio, TX 78237
Prospect Hill


HIGHLIGHTS

  • 8+ Years Remaining | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership
  • Signalized, Hard Corner Intersection | Crosstowne Mercado
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The tenant has over 8 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 • This Whataburger location ranks in the 95th percentile across all measured Whataburgers for annual visits per Placer.ai

FOR SALE DETAILS

PRICE

$8,289,000 USD

PRICE/SF

$3,034 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger | 8+ Yr Corp Abs NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

CROSS STREETS

General McMullen

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C-3R

APN/PARCEL ID

08204-001-0010

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.