9424 Culebra Rd, San Antonio, TX 78251
1,436 SF | Retail Building | San Antonio, TX 78251 | $2,520,000 ($1,755/SF) | 5.75% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 27 days
Asking Price $2,520,000
- Property Type
-
Retail
- Square Feet
- 1,436 SF
- Price / Square Foot
- $1,755
Listing Contacts
Robert Donnell
Matt McNeill
Chuck Klein
Property Overview
Long-term Absolute NNN lease – 10 year lease with zero landlord responsibilities
Inflation Protection - Rent is scheduled to increase 10% every five years, including Options
Inflation Protection - Rent is scheduled to increase 10% every five years, including Options
Property Details
- Class
- B
- Year Built/Renovated
- 2006/2023
- Stories
- 1
- Lot Size (sq. ft)
- 37,462 SF
Highlights
- Historical Occupancy – Sonic has operated at this location for 20 years and recently invested over $250,000 in a remodel
- Tenured and Successful Operator – Sonic’s lease will be guaranteed by Let’s Shake, LLC – an experienced 41-unit franchisee with a proven track record
- Densely Populated and Affluent Trade Area – over 122,000 residents within 3 miles with an average household income over $92,000
- Strong Traffic / Excellent Visibility – located on Culebra Road (33,212 VPD), a highly trafficked east/west retail corridor
- Located across Culebra Road from Walmart Supercenter and HEB Grocery, providing steady traffic flow of retail customers
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