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Note
Property Overview
Price/Rent PSF $ 4,480,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 4,885
Date Available 11/20/2018
Additional URL Link
Parking 24
Additional parameters Show
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Description

Location
San Antonio is the second-largest city in Texas and serves as an economic and cultural gateway to the American Southwest. It was the fifth-fastest growing city in the nation from 2007-2008. Its metropolitan area has a population of 2,031,445 based on the 2008 U.S. Census estimate, making it the 28th-largest metropolitan area in the U.S and third-largest in Texas.

Several major freeways service the city, including Interstates I-10, I-35, I-37, and I- 410; U.S. Routes 87, 90, and 281; and Texas State Highways 16 and 151.

Located northwest of the city center is the South Texas Medical Center, which is a conglomerate of various hospitals, clinics, and research and higher educational institutions.

San Antonio is home to five Fortune 500 companies: Valero Energy Corp, Tesoro Petroleum Corp, Clear Channel Communications, USAA, and NuStar Energy.

Sale
Citadel Realty is pleased to exclusively offer a two tenant retail NNN investment, anchored by a Starbucks drive-thru. The co-tenant is America's Best Contacts & Eyeglasses. Both tenants are on long term leases. In addition, the previous tenant to America's Best Contacts & Eyeglasses, San Antonio National Bank is still under obligation to pay rent until 2024 (see Financial Projection).

Moreover, the site is located at strong signalized intersection of SW Military Dr and Interstate 35.

This offering provides the investor with the stability of an income stream from two nationally recognized tenants.

Location

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