5012 Rigsby Ave - Auto Repair FOR SALE


San Antonio, TX 78222- Lower Southeast Side
$2,120,000 USD
972-755-5205
5012 Rigsby Ave, San Antonio, TX for Sale
$2,120,000 USD
Auto Repair - FOR SALE
1/4
null | 6.25% Cap Rate

5012 Rigsby Ave
San Antonio, TX 78222
Lower Southeast Side


HIGHLIGHTS

  • Absolute Net Lease with 6.4 Years Remaining - Attractive Annual Rent Increases
  • Excellent Visibility and Access on Rigsby Avenue (16,371 Vehicles per Day)
  • More Than 168,172 Residents (Five-Mile Radius)
  • Take 5 Opened 1,000th Location in 2023; 1,400% Growth Since 2016 Acquisition
  • Austin–San Antonio Metro Population Projected to Grow by 3M+ by 2050

OVERVIEW

Offered for sale is the opportunity to acquire an absolute net lease Take 5 Oil Change in San Antonio, TX. The property consists of a 2,160-square-foot, freestanding building that sits on approximately 0.34 acres of land. There are 6.4 years remaining on the lease with 2% rental increases every year.

FOR SALE DETAILS

PRICE

$2,120,000 USD

PRICE/SF

$981 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 (Eligible for Bonus Depreciation)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Irvin

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C-2

APN/PARCEL ID

12903-007-0060,12903-007-0070,12903-007-0251

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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