305 Singing Oaks
Spring Branch, TX
Price:
$2672000
Cap Rate:
5.75%
NOI:
$153,606
Building Size:
Approx. 4392 Sq. Ft.
Lot Size:
Approx. 0.93 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2016
Investment Overview
- New Construction | 4,392+/- SF Building on 0.93+/- Acre Site
- New 20-Year, Corporate NNN Lease with 10% Rent Bumps Every 5-Years
- Located along US Highway 281 (28,000 VPD), just N of Hwy 46 (17,000 VPD)
- Outparcel to Walmart | Near HEB, Home Depot, CVS, Starbucks, Chick-fil-A, 7-Eleven
- Local Attractions: San Antonio River Walk | Guadalupe River Floats | Six Flags Fiesta Texas
- 3-Mile Historic Annual Growth 6.7% 2000-2016 | 3-Mile Average HH Income: $139,888
- Spring Branch is located 30-Miles N of San Antonio – Top Texas Tourist Destination
- Greater San Antonio (MSA): 3rd Largest MSA in Texas | Population: 2,194,927