5509 Roosevelt Ave - Freestanding FOR SALE


San Antonio, TX 78214- Mission Del Lago
$1,388,000 USD
845-245-7122
5509 Roosevelt Ave, San Antonio, TX for Sale
$1,388,000 USD
Freestanding - FOR SALE
1/7
null | 5.9% Cap Rate

5509 Roosevelt Ave
San Antonio, TX 78214
Mission Del Lago


HIGHLIGHTS

  • 4+ Years Remaining | Options To Extend | 8% Rental Increases | Corporate Guaranty (NASDAQ: JACK)
  • Absolute NNN Ground Lease | Zero Landlord Responsibilities
  • Proximity To Texas A&M University–San Antonio

OVERVIEW

• Over 4 years of primary term remaining with (2) five-year renewal options • Scheduled 8% rental increases at the beginning of each option period drive NOI growth and offer a built-in inflation hedge • The lease includes a corporate guaranty from Jack in the Box (NASDAQ: JACK), a publicly traded company with over 2,100 locations nationwide

FOR SALE DETAILS

PRICE

$1,388,000 USD

PRICE/SF

$630 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jack in the Box | 4+yrs Remain Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

CROSS STREETS

E Chavaneaux

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

C-3NA

APN/PARCEL ID

11042-001-0010

ASK ABOUT THIS PROPERTY

William DonlonSRS National Net LeaseMore Info
845-245-7122

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William DonlonSRS National Net LeaseMore Info
845-245-7122

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