11855 Potranco Road
San Antonio, TX
Price:
$3,416,000
Cap Rate:
5.50%
NOI:
$187,873
Building Size:
Approx. 4,375 Sq. Ft.
Lot Size:
Approx. 1.01 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2019
Investment Overview
- 2019 Construction. 4,375+/- SF Building on 1.01+/- Acre Site
- New 15-Year Corp, NNN w/ 10% Rent Bumps Every 5-Years
- Located along Potranco Rd (32K VPD) & Loop 1604 (31K VPD)
- Just W of Loop 1604 (31K VPD) – San Antonio’s 2nd Outer Loop
- Near H-E-B Anchored Center | Walmart, Taco Bell, Chase, Valero
- Surrounded by multiple Residential & School locations (3K Students)
- 1-Mile Radius: 12.6% Population Increase and Growing since 2000
- 4.7-Miles SW of SeaWorld | 10-Miles W of Lackland Air Force Base
- Major Employers: Lackland Air Force (37K Emp) | H-E-B (20K Emp)
- 3-Mile Radius: Est Population: 70,011 | Average HH Income: $103,103
- Greater San Antonio (MSA) | Expected to grow at least 20% | Pop: 2.4M+