Banks /TX /Bexar County /San Antonio /5201 Broadway St
Banks /TX /Bexar County /San Antonio /5201 Broadway St

5201 Broadway St - Bank FOR SALE


San Antonio, TX 78209- Alamo Heights | 
$5,833,000 USD
480-221-4221
5201 Broadway St, San Antonio, TX for Sale
$5,833,000 USD
Bank - FOR SALE
1/7
null | 6% Cap Rate
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5201 Broadway St
San Antonio, TX 78209
Alamo Heights

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HIGHLIGHTS

  • Recent 10-Year Extension | Investment Grade Tenant | Scheduled Rental Increases | $185M in Bank Deposits
  • NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Excellent Visibility | State Highway 368 | U.S. Highway 281
  • Strong Demographics In Trade Area

OVERVIEW

• Bank of America National Association Corporate guaranteed lease • 10 years remaining with 3 (5-year) option periods to extend • Lease features a 7.14% rental increase in January 2031, increasing NOI and hedging against inflation • High-Volume Branch: over $185 million in deposits at this location

FOR SALE DETAILS

PRICE

$5,833,000 USD

PRICE/SF

$711 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bank of America | Recent 10yr Extension

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

OCL

APN/PARCEL ID

04024-032-0160

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

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