Taco Cabana Absolute NNN Leased Offering 20720 U.S. Highway 281 North, San Antonio, TX Cap Rate 5% san antonio (San Antonio, Texas, US ) Built

$2,660,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 3,630 sq. ft.
  • Development Level: Built
  • Lot Size: 1.09 acres
  • Year Built: 2002

Description

Taco Cabana Absolute NNN Leased Offering 20720 U.S. Highway 281 North, San Antonio, TX Cap Rate 5%

Cap Rate: 5%
NOI: $133,000
Building Size: 3,630 sqft
Lot Area: 1.09 acres
Lease Type: Absolute Net
Year Built: 2002

Price: $2,660,000 USD

DESCRIPTION
The subject offering is a Taco Cabana restaurant in San Antonio, Texas. The tenant shows commitment to this location and a recently extended the lease for 15 years during the global pandemic. This site has a track record of sales performance and has operated at this location for two decades. The property is subject to a NNN lease with 5% increases every 5 years and two, 5 year options to renew. The lease calls for zero landlord obligations. The site is conveniently located on a major commercial thoroughfare. Neighboring retailers include Walgreens, The Home Depot, McDonald’s, H-E-B plus!, Chick-fil-A, and many others.

HIGHLIGHTS
• 15 Year Absolute NNN Lease
• 100% Fee Simple Interest
• Zero Landlord Obligations
• Recently Extended Lease During Pandemic Proves Commitment To This Location
• Established Tenancy At This Location – Two Decades Of Operational History
• Located In A Major Retail Trade Area
• Income Tax Free State

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

P2#439293595
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Information is deemed to be correct but not guaranteed.