Sonic Drive-In Absolute Triple Net (NNN) Lease 7902 Culebra Road, San Antonio, TX Cap Rate 6.5% North San Antonio Hills (San Antonio, Texas, US ) Built

$2,046,154 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

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  • Type: Commercial
  • Style: Commercial
  • Size: 1,235 sq. ft.
  • Development Level: Built
  • Lot Size: 0.54 acres

Description

Sonic Drive-In Absolute Triple Net (NNN) Lease 7902 Culebra Road, San Antonio, TX Cap Rate 6.5%

Cap Rate 6.5%
NOI $133,000
Building Size1,235 sqft
Lot Area 0.54 acres

Lease Type Absolute Net
Year Built 1990

DESCRIPTION

Sands Investment Group is Pleased to Present Exclusively For Sale the 1,235 Sonic Drive-In Located at 7902 Culebra Road in San Antonio, TX. This Deal Includes an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.

HIGHLIGHTS
• Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
• Strong Guarantee From an Experienced 47-Unit Operator
• Recent 5-Year Extension Shows Tenant Commitment to the Site
• Situated on a High Traffic Retail Corridor With an Average Traffic Count of 52,448 VPD
• Excellent Demographics With a Population Of Over 122,610 Residents Making an Average Household Income of $66,819 Within a 3-Mile Radius
• Less Than 5-Miles to the Ingram Park Mall That Includes National Retailers Such as Dillard’s, Macy’s, JCPenney and the Disney Store
• Just 5 Minutes From the Ingram Park Business District That Includes CVS Call Center, FedEx Ground, Baker Distributing Co, Aspen Beverage Group, Several Car Dealerships and
Supply Stores
• Nearby Tourist Attractions Include: SeaWorld (15 Minutes – Over 4.6 Million Visitors); San Antonio Zoo (21 Minutes – Over 1 Million Visitors); Six Flags Fiesta Texas (25 Minutes –
Over 1 Million Visitors)
• San Antonio, TX is the 7th Most Populous City in the U.S. With Over 1.5 Million Residents; It is Home to the Alamo, River Walk, Tower of the Americas, the Alamo Bowl and
Numerous Armed Forces Facilities
• Texas is a State Income Tax Free State
• Nearby Tenants Include: Papa John’s, Walgreens, Dairy Queen, McDonald’s, Dollar General, O’Reilly Auto Parts, Take 5 Oil Change, CVS Pharmacy and More

For more information
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.

Attachments

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Information is deemed to be correct but not guaranteed.