1800 Pat Booker Rd - Retail FOR SALE


Universal City, TX 78148
$1,931,000 USD
346-220-1941
1800 Pat Booker Rd, Universal City, TX for Sale
$1,931,000 USD
Retail - FOR SALE
1/1
null | 7.25% Cap Rate

1800 Pat Booker Rd
Universal City, TX 78148


HIGHLIGHTS

  • Opportunity to purchase the long leasehold interest in a newly constructed drive-thru coffee shop in Universal City, Texas.
  • Leased to successful occupiers, The Human Bean, producing an average annual rent of $154,467 per annum over a secure 15-year term.
  • Enjoy excellent trade demographics with an average household income of $97,094 within a three-mile radius of the site.
  • Prominently located along a busy retail and restaurant artery road, Pat Booker Road, south of Interchange 35 and north of Randolf Air Force base.

OVERVIEW

Purchase the long leasehold interest in a recently completed standalone drive-thru facility, purpose-built for national occupiers, The Human Bean. Having secured an attractive 15-year lease to a profitable business with a track record of success, 1800 Pat Booker Road presents the ideal long-term lease investment opportunity. The property occupies a prominent 1.55-acre site fronting Pat Booker Road adjacent to CVS Pharmacy in a popular retail destination. The site boasts substantial visibility along this highly trafficked roadway, appealing to both local and foreign investors. Capitalise on an affluent client base with a projected 226,790-strong population within a five-mile of the site with an average household income of $108,786 in 2028. This wealthy region has also secured its status as an international trade destination, enjoying a 1,900-acre aerospace facility/industrial complex and a global logistics platform that services firms such as Boeing, Lockheed Martin, and XPO Logistics, as well as government and military agencies. Nestled in the northeast corner of San Antonio also lies Joint Base San Antonio-Randolph, comprising the Air Force's premier base for pilot instructor training and combat systems officer training. Presenting an attractive NNN structure over the 15-term lease, 1800 Pat Booker Road provides a secure investment opportunity in one of Universal City's growing retail hubs. Please contact the agents for further information.

FOR SALE DETAILS

PRICE

$1,931,000 USD

PRICE/SF

$2,682 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeff BeardThe J. Beard Real Estate CompanyMore Info
346-220-1941

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Jeff BeardThe J. Beard Real Estate CompanyMore Info
346-220-1941

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