QuikTrip Near USAA HQ 10010 Huebner Road, San Antonio, TX Cap Rate 5% San Antonio (San Antonio, Texas, US ) Built

$6,291,965 MXN
Dollars

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  • Type: Commercial
  • Style: Commercial
  • Size: 4,840 sq. ft.
  • Development Level: Built
  • Lot Size: 2.03 acres
  • Year Built: 2019

Description

QuikTrip Near USAA HQ 10010 Huebner Road, San Antonio, TX Cap Rate 5%

Cap Rate 5%
NOI $314,598
Building Size 4,840 sqft
Lot Area 2.03 sqft
Occupancy 100%
Lease TypeAbsolute Net
Year Built 2019
TenancySingle

DESCRIPTION
QuikTrip Corporation is a privately held company headquartered in Tulsa, Oklahoma that owns and operates gasoline and convenience stores. Founded in 1958, QuikTrip has grown to a more than $11 billion company with 780+ stores across 11 states. Those revenues place QuikTrip high on the Forbes listing of largest privately held companies. QuikTrip Corp. currently holds an NAIC 2 Rating which is the equivalent of a “BBB” rating by Standard & Poor’s. QuikTrip locations feature the company’s own QT brand of gas, as well as brand-name beverages, candy, tobacco and QT’s own Quik’n Tasy and Hotzi lines of sandwiches.

QuikTrip is strategically located at the corner of Huebner Rd. (47,000 VPD) and USAA Blvd. (5,000 VPD) in San Antonio, TX. The signalized hard corner position allows excellent visibility and accessibility from both directions of Huebner Rd. The immediate trade area features high population density, with over 146,000 people within a 3-mile radius. Additionally, the average household income within a 3-mile radius is $75,327. QuikTrip is surrounded by several large residential communities such as Avistar on the Blvd. (344 units), Renta Apartments (288 units), and Preserve on Fredericksburg (376 Units). The subject property is located near I-10 “McDermott Fwy.” (206,000 VPD), a major US highway that is surrounded by national credit tenants such as Old Navy, Aaron’s, REI, Panera, Saltgrass Steak House, Cracker Barrel, Chipotle, Starbucks, Chick-fil-A, Potbelly, Panda Express, Wendy’s, Jack in the Box, Jimmy John’s, Subway, and more. The property is located approximately 10-miles from downtown San Antonio, TX.

HIGHLIGHTS

• 2019 Construction. 4,840+/- SF Building on 2.03+/- Acre Site
• 15 Year Corp Abs NNN Sale-Leaseback w/ Rare 5% Rent Bumps Every 5 Years
• Located along Huebner Rd (49K VPD) & USAA Blvd (5K VPD)
• Adjacent to McDermott Elem (800 Students), just S of I-10 (206K VPD)
• 1-Mile W of USAA HQ (286-Acres) & Huebner Oaks Center (770K S.F)
• 5-Miles S of The University of Texas San Antonio & Six Flags Fiesta Texas
• Employers: Lackland Air Force (37K Emp) | H-E-B (20K Emp) | USAA (17K Emp)
• 3-Mile Radius: Est Population: 146,786 | Average Household Income: $75,327
• Greater San Antonio (MSA) | Expected to grow at least 20% | Population: 2.4M

Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

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Information is deemed to be correct but not guaranteed.