210 Bitters Rd, San Antonio, TX 78216

2,869 SF | Retail Building | San Antonio, TX 78216 | $2,100,000 ($732/SF) | 6.22% Cap Rate

Asking Price $2,100,000

Property Type
Retail, Restaurant
Square Feet
2,869 SF
Price / Square Foot
$732

Listing Contacts

Michael Neils
Patrick Forkin

Property Overview

Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Details

Class
B
Year Built
1990
Stories
1
Property Subtype
Freestanding, Storefront
Lot Size (sq. ft)
26,136 SF

Highlights

  • The tenant is Starbucks Corporation (S&P: BBB+ | NASDAQ: SBUX), an investment-grade tenant and one of the largest QSR operators in the world.
  • The site is ranked in the top 79th% nationally and top 75th% in Texas for average number of monthly visitors compared to other Starbucks locations.
  • Starbucks has previously extended their lease terms early to remain in place for 10 years, rather than the scheduled 5 years at the time.
  • The site is located within a dense retail corridors, featuring national tenants such as Hobby Lobby, Chipotle, Valvoline Instant Oil Change,
  • The site is located on West Bitters Rd (±13,000 VPD) directly off the exit of Highway 281 (±70,000 VPD) in a shopping center shadow
  • The site sits less than 5-miles from the San Antonio International Airport.

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