14320 Potranco Rd - Freestanding FOR SALE


San Antonio, TX 78253
$1,748,000 USD
480-221-4221
14320 Potranco Rd, San Antonio, TX for Sale
$1,748,000 USD
Freestanding - FOR SALE
1/7
null | 5.15% Cap Rate

14320 Potranco Rd
San Antonio, TX 78253


HIGHLIGHTS

  • Brand New 20-Year Lease | Scheduled Rental Increases | Options To Extend | December 2024 Opening
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Across from H-E-B Anchored Center | Retail Corridor |Strong National/Credit Tenant Presence
  • Signalized, Hard-Corner Intersection (49,000 VPD) | Excellent Visibility | Significant Street Frontage
  • Direct, Affluent Consumer Base | Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Take 5 Oil Change investment property located in San Antonio, Texas. The tenant, Take 5 Properties SPV LLC, recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The property is scheduled to open in December2024.

FOR SALE DETAILS

PRICE

$1,748,000 USD

PRICE/SF

$1,840 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 | New 20yr Abs NNN Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.