2310 SW Military Dr - Storefront FOR SALE


San Antonio, TX 78224
$9,041,400 USD
404-441-3849
2310 SW Military Dr, San Antonio, TX for Sale
$9,041,400 USD
Storefront - FOR SALE
1/12
null | 7.5% Cap Rate

2310 SW Military Dr
San Antonio, TX 78224


HIGHLIGHTS

  • Anchor to the 793,978 SF South Park Mall (Macy's, JCPenney, Fitness Connection, Old Navy, etc.)
  • Net Lease with Renewal Options | $0.50 PSF Increase in Each of the Three, 5-Year Renewal Options
  • Chain Ranking: Top 33% in the U.S. and Top 39% in TX - Placer.ai
  • Excellent Access & Visibility Along SW Military Drive (41,370 VPD)
  • Feet from the on-ramp to I-35 (71,108 VPD)
  • San Antonio MSA (Population: 2.73M+)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 50,230-square-foot Dick’s Sporting Goods in San Antonio, Texas (MSA Population: 2.73M+). Originally set to expire in 2025, Dick’s Sporting Goods recently exercised its first of four 5-year renewal options, extending the lease through 2030. The net lease currently features ±5.2 years of term remaining with a $0.50 PSF increase in each of the three, 5-year renewal options.

FOR SALE DETAILS

PRICE

$9,041,400 USD

PRICE/SF

$180 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dick's Sporting Goods

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

I-2

APN/PARCEL ID

12328-000-0028

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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