5509 Roosevelt Ave - Freestanding FOR SALE


San Antonio, TX 78214- Mission Del Lago
$1,424,017 USD
210-816-2734
5509 Roosevelt Ave, San Antonio, TX for Sale
$1,424,017 USD
Freestanding - FOR SALE
1/13
null | 5.75% Cap Rate

5509 Roosevelt Ave
San Antonio, TX 78214
Mission Del Lago


HIGHLIGHTS

  • NNN Ground Lease with zero landlord responsibilities.
  • The restaurant is well-positioned near strong retailers in a developing submarket of San Antonio.
  • Lease is corporately guaranteed which indicates Tenant security and ability to sustain 8% rental increases every 5 years throughout the lease term.

OVERVIEW

Freestanding Restaurant with Jack In The Box Corporate Tenant Operated by Franchisee The location benefits from the surrounding residential density as well as the nearby Texas A&M University San Antonio campus and Brooks City Base. Excellent access from Loop 410, which boasts an average of 77,575 cars per day and Roosevelt Ave, with 25,589 cars per day. The restaurant is well-positioned close to expected H-E-B, future medical care location, Urgent Care, residential lots and single family homes.

FOR SALE DETAILS

PRICE

$1,424,017 USD

PRICE/SF

$646 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

E Chavaneaux

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

C-3NA

APN/PARCEL ID

11042-001-0010

ASK ABOUT THIS PROPERTY

Alexandria TatemForesite Commercial Real EstateMore Info
210-816-2734

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Alexandria TatemForesite Commercial Real EstateMore Info
210-816-2734

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