Jiffy Lube Spring Branch, TX

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

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