6616 W Loop 1604 - Restaurant FOR SALE


San Antonio, TX 78254- Great Northwest
$2,979,000 USD
970-690-0454
6616 W Loop 1604, San Antonio, TX for Sale
$2,979,000 USD
Restaurant - FOR SALE
1/4
null | 4.8% Cap Rate

6616 W Loop 1604
San Antonio, TX 78254
Great Northwest


OVERVIEW

Corporate ground lease with strong national restaurant concept. Very attractive deal economics with below market rent and low price point. 15-year, triple net (NNN) ground lease commenced in 2017 with three, five-year renewal options. Ten percent rent increases every five years throughout base term and option periods.

FOR SALE DETAILS

PRICE

$2,979,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

4.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas RoadHouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

92

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

82,098 SF

ZONING

-

APN/PARCEL ID

17636-001-0050

ASK ABOUT THIS PROPERTY

Brad Van HullVan Hull CommercialMore Info
970-690-0454

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Brad Van HullVan Hull CommercialMore Info
970-690-0454

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