11720 Alamo Ranch Parkway
San Antonio, TX
Price:
$2,370,000
Cap Rate:
5.00%
NOI:
$118,500
Building Size:
Approx. 2,300 Sq. Ft.
Lot Size:
Approx. 0.67 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2019
Investment Overview
- 2019 Construction. 2,300+/- SF Building on .67+/- Acre Site
- New 10 Year Corp Lease w/ 10% Rent Bumps Every 5 Year’s
- Located along Alamo Ranch Pkwy (16K VPD) & Lone Star Pkwy
- Caddy Corner to New Residential & Multi-family Communities
- Proximity to multiple Schools, Retail, & Corporate Campuses
- Near H-E-B, Whataburger, Target, Valero, CVS, Chick-fil-A
- 1-Mile Radius: 83% Pop Increase | 15-Miles West of Downtown
- 5-Miles Northwest of SeaWorld San Antonio (3.2M Annual Visitors)
- Employers: H-E-B (20K Empl) | USAA (17K Empl) | Rackspace 3.3K
- San Antonio is experiencing the country’s largest Pop Boom – Forbes
- 3-Mile Radius: Est Population: 68,721 | Average HH Income: $94,740
- Greater San Antonio (MSA) | Expected 20% Pop Increase | Pop: 2.4M