146 St Cloud Rd - Freestanding FOR SALE


San Antonio, TX 78228
$1,516,000 USD
914-498-2225
146 St Cloud Rd, San Antonio, TX for Sale
$1,516,000 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

146 St Cloud Rd
San Antonio, TX 78228


HIGHLIGHTS

  • Brand New 15-Year Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Brand New Construction | Zero Landlord Responsibilities
  • Close Proximity to Walmart Supercenter | Drive-Thru Equipped
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire an absolute NNN ground leased, Brevity Coffee investment property located in San Antonio, Texas. The tenant, Grind Haus Coffee Company LLC, recently signed a brand new 15 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1.5% rental increases annually throughout the initial term, 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. Brevity Coffee Co has opened 7 successful locations throughout the San Antonio MSA.

FOR SALE DETAILS

PRICE

$1,516,000 USD

PRICE/SF

$4,987 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brevity Coffee | New 15yr Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C-1

APN/PARCEL ID

08340-009-0390

ASK ABOUT THIS PROPERTY

Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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