7870 Callaghan Rd - Restaurant FOR SALE


San Antonio, TX 78229- Lafayette Place
$2,941,138 USD
405-205-8489
7870 Callaghan Rd, San Antonio, TX for Sale
$2,941,138 USD
Restaurant - FOR SALE
1/18
null | 6.5% Cap Rate

7870 Callaghan Rd
San Antonio, TX 78229
Lafayette Place


HIGHLIGHTS

  • Absolute NNN Ground Lease – Zero Landlord Responsibilities
  • Over 17 Years Remaining, 2% Annual Rent Increases
  • Operated by Chacho's, a Popular 7-Unit Regional Restaurant Group
  • Personal Guaranty from High Net Worth Operator
  • Interior Renovation Completed in 2025
  • High-Traffic Location Just Off Interstate 10 – Over 228,000 Vehicles Per Day

OVERVIEW

SHOP Companies is pleased to present the opportunity for qualified investors to acquire a ground-leased asset located in San Antonio, Texas. The 0.70-acre parcel is 100% leased to Chacho’s, a popular and long-standing local Tex-Mex concept operated by an experienced 7-unit regional restaurant group. The lease is structured as an Absolute NNN Ground Lease with zero landlord responsibilities and more than seventeen (17) years remaining on the primary term, offering a passive, long-term income stream backed by a well-capitalized operator. The lease also includes above-market 2% annual rent escalations helping hedge against inflation. Positioned just off Interstate 10—a major arterial with over 228,000 vehicles per day—the property boasts exceptional visibility and accessibility in a dense and thriving trade area. It is located just south of a high-performing Lowe’s Home Improvement, which draws an estimated 783,000 annual visitors according to Placer.ai, further enhancing daily traffic and exposure. The surrounding area includes a population of more than 356,000 residents within a 5-mile radius, placing the property in one of the most populated corridors in the San Antonio metro. Chacho’s drive-thru currently generates strong annual sales—despite operating without dine-in service. Following renovations and the return of in-person dining, sales are expected to increase significantly, providing clear upside potential. San Antonio is one of the fastest-growing major cities in the United States. As the seventh-largest city in the country and second-largest in Texas by population, San Antonio continues to see robust population growth fueled by affordable housing, a diverse job market, and a high quality of life. The city’s economy is anchored by major industries such as healthcare, military, education, tourism, and financial services—providing long-term stability and insulation from market fluctuations. With a metro population exceeding 2.6 million and a cost of living significantly lower than Austin, Dallas, or Houston, San Antonio is an increasingly attractive destination for both residents and businesses. Its strategic location in south-central Texas makes it a hub for logistics and distribution, while continued investments in infrastructure and commercial development reinforce its standing as a top-tier market for institutional and private real estate investors alike.

FOR SALE DETAILS

PRICE

$2,941,138 USD

PRICE/SF

$537 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chacho's - San Antonio, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C3

APN/PARCEL ID

15101-000-0140

ASK ABOUT THIS PROPERTY

Will LightfootSHOP CompaniesMore Info
405-205-8489

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Will LightfootSHOP CompaniesMore Info
405-205-8489

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