210-386-3970
22607 US Highway 281 N, San Antonio, TX for Sale
Restaurant - FOR SALE
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22607 US Highway 281 N
San Antonio, TX 78258


HIGHLIGHTS

  • Regional Corporate Guarantee. Equipped with drive-thru and accessibility off Hwy 281 off-ramp Stone Oak Parkway.
  • Ideal Retail Demographics | Stone Oaks is an affluent trade area of over 18,598 households with an average household income levels of $151,165.00
  • Excellent Freeway visibility Hwy 281. Traffic count 138,000+ VPD on Hwy 281 and 40,000+ on Stone Oak Parkway
  • Net lease with minimal landlord responsibilities.
  • 18yrs remaining initial term plus 4 five year options. 10% escalations every 5 yrs.

OVERVIEW

Great opportunity for an investor seeking fee simple ownership in a single-tenant asset with a strong regional operator and high value real estate. Inspired by the classic burger stands of the '50s and '60', P. Terry's Burger Stand opened its first location in 2005 in Austin, TX and has expanded to more than 35 locations in Central Texas including Austin, San Antonio and Houston. It focuses on providing high quality, all natural food that is affordable in a warm and inviting environment. Shop is positioned along US Highway 281 at the intersection Stone Oak Parkway in a densely populated, high income trade area in north San Antonio. 20 yr NNN lease with minimal landlord responsibilities plus 4 five year options. 10% rent escalations every 5 years.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

P. Terry's Burger Stand

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

C-3

APN/PARCEL ID

19218-002-0090

ASK ABOUT THIS PROPERTY

Jeremy JessopJJ Real Co.More Info
210-386-3970

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Jeremy JessopJJ Real Co.More Info
210-386-3970

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