9175 Farm-To-Market Rd 78 - Fast Food FOR SALE


Converse, TX 78109
$7,753,846 USD
408-510-9057
9175 Farm-To-Market Rd 78, Converse, TX for Sale
$7,753,846 USD
Fast Food - FOR SALE
1/8
null | 6.5% Cap Rate

9175 Farm-To-Market Rd 78
Converse, TX 78109


HIGHLIGHTS

  • Absolute NNN Master Lease Structure Allows This Multi-Tenant Property to Function as A Single Tenant NNN, Provides Multiple Revenue Sources
  • Subtenant Mix: Shell, C-Store, Express Car Wash, Burger King w/ Dual Drive-Thru, and Local Mexican Restaurant w/ Drive-Thru
  • Brand New 15-Year Abs NNN Master Lease w/ 1.50% Annual Increases and Six (6), Five (5) Year Lease Extension Options
  • Part of the San Antonio Metro Area, Located in Converse, Texas – a City that has Nearly Tripled in Population Over the Last Decade
  • Close Proximity to the Texas 1604 Loop Exit Ramp (42,663 VPD) – a Major Highway Encircling San Antonio Connecting Key Urban Centers
  • Strong Demographic Profile Within 5-Mile Radius | Nearly 220,000 Residents & Average Household Income of Nearly $100,000

OVERVIEW

Brand New 15-Year Abs NNN Master Lease w/ 1.50% Annual Increases and Six (6), Five (5) Year Lease Extension Options.

FOR SALE DETAILS

PRICE

$7,753,846 USD

PRICE/SF

$678 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King/Shell 10yr NNN | San Antonio MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Convenience Store, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.92 AC

LAND SF

170,686 SF

ZONING

-

APN/PARCEL ID

05063-000-0742,05063-902-0030

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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