3111 Thousand Oaks Dr - Fast Food FOR SALE
San Antonio, TX 78247 |
$3,306,181 USD
310-558-2029
3111 Thousand Oaks Dr
San Antonio, TX 78247
HIGHLIGHTS
- This Property's Lease Is Backed By Both The Bush's Chicken Corporate Entity And A Personal Guarantee From The Company's Founder
- The Property Features A Clear Channel Billboard Lease That Generates Supplementary Income, Enhancing The Overall Return
- Operating Under The Recognized Bush's Chicken Brand, This Location Benefits From Bush's Chicken's Established Reputation For Quality
- The Property Is Under A 12-Year Absolute NNN Lease, Providing Investors With True Passive Income And Zero Landlord Responsibilities
- The Lease Includes A 10% Rental Increase Every 5 Years, Supporting NOI Growth And Acting As A Hedge Against Inflation
- Positioned in a High-Traffic Area Of San Antonio, With Over 30,000 Vehicles Passing Daily; This High-Visibility Site Ensures
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,432 SF Bush's Chicken Located at 3111 Thousand Oaks Drive in San Antonio, TX. This Deal Includes a Long Term 12-Year Triple Net (NNN) Lease, Providing Investors With True Passive Income and Zero Landlord Responsibilities, and the Lease Structure Ensures Consistent and Reliable Returns, Providing For a Secure Investment. The Property Also Includes a Clear Channel Billboard Lease, Providing For Additional Income on the Property For 3 Years.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$3,306,181 USD
PRICE/SF
$963 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bush's Chicken - San Antonio, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
0.94 AC
LAND SF
41,029 SF
ZONING
-
APN/PARCEL ID
13740-000-0070,13740-000-0080
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310-558-2029
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310-558-2029
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