3535 SW Military Dr - Retail FOR SALE


San Antonio, TX 78211
$1,400,000 USD
281-222-2932
3535 SW Military Dr, San Antonio, TX for Sale
$1,400,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

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3535 SW Military Dr
San Antonio, TX 78211


OVERVIEW

This is a great investment opportunity along SW Military Drive. Currently being used for "Right Now Auto Sales". The main building was built in 2022 and is in excellent condition. The second building is approx. 672 SF and was built in 1960, it's in average condition. In addition to the real estate, there are approximately 130 notes receivable available for purchase. (these are secured by used vehicles and not included in the asking price of the real estate). The asking price is not disclosed (we are accepting offers). ? Total principal balance is approximately $1,000,000 ? Average interest rate is 23% on the auto notes. ? Average remaining term is 28 months ? Average monthly payment is $387 ? Total monthly cashflow from notes is between $40,000-$50,000

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$583 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

James SchuepbachRyoak Real Estate GroupMore Info
281-222-2932

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James SchuepbachRyoak Real Estate GroupMore Info
281-222-2932

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