Burger King San Antonio, TX Portfolio Retail FOR SALE


San Antonio, TX - Deerfield
$8,141,593 USD
713-408-8555
, San Antonio, TX for Sale
$8,141,593 USD
Retail - FOR SALE
1/7
null | 5.65% Cap Rate

Burger King San Antonio, TX Portfolio
San Antonio, TX
Deerfield


HIGHLIGHTS

  • Opportunity to acquire the Burger King Sale-leaseback Portfolio, a collection of three (3) QSR assets strategically placed throughout San Antonio, TX
  • Approximate 20-year Absolute NNN leases will commence upon closing and feature 10% rent increases every 5 years, as well as in the (4) 5-yr options
  • Avg vehicles passing each site per day is ~111,000 across the portfolio while average household income within 1-mile of the sites is ~$134,000
  • The tenant, Delrio Venture LP, will be operating 21 Burger King restaurants by early 2025 and is in negotiations to acquire 13 additional locations.
  • As the leading market for population growth from domestic migration, the San Antonio retail market is enjoying significant demographic momentum.

OVERVIEW

CBRE’s Net Lease Property Group, as exclusive advisor to Ownership, is pleased to present the exceptional opportunity to acquire the Burger King Sale-leaseback Portfolio (the “Portfolio”), a collection of three QSR assets strategically placed throughout San Antonio, Texas. The Portfolio’s new 20-year Absolute NNN leases will feature attractive 10% rental increases every five (5) years throughout the initial term and in each of the four (4) five-year renewal options.

ASK ABOUT THIS PROPERTY

713-408-8555

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713-408-8555

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