$2,888,844 USD
858-373-3184
7870 Callaghan Rd
San Antonio, TX 78229
Lafayette Place
HIGHLIGHTS
- Long Term Absolute Net Ground Lease (Zero Landlord Responsibilities) featuring 2% Annual Rental Increases throughout the Initial Term and Options.
- Recent Interior Renovation Completed & features a Drive Thru. Prime Location Along Callaghan Road with Strong Traffic Counts and Excellent Visibility.
- Positioned Near Interstate 10 Providing Direct Connectivity Across San Antonio’s Primary East West Corridor and Regional Commuter Traffic Flows.
- Established Concept w/ over 30 Years of Operating History - High Volume Throughput Resulting in Significant Sales Growth and Strong Customer Traffic.
- Immediate Access to Interstate 10 and Loop 410 Providing Seamless Connectivity to Downtown San Antonio, San Antonio International Airport, and more.
- Strong Daytime Population Supported by Major Employers including South Texas Medical Center, USAA Headquarters, and Valero Energy.
OVERVIEW
FOR SALE DETAILS
PRICE
$2,888,844 USD
PRICE/SF
$528 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
POPULAR TEX-MEX CONCEPT | NNN GROUND LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.7 AC
LAND SF
30,492 SF
ZONING
C3
APN/PARCEL ID
15101-000-0140
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858-373-3184
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858-373-3184
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