SEC Potranco Rd - Fast Food FOR SALE


San Antonio, TX 78245- Far West Side
$1,890,000 USD
415-852-5177
SEC Potranco Rd, San Antonio, TX for Sale
$1,890,000 USD
Fast Food - FOR SALE
1/6
null | 6.35% Cap Rate

SEC Potranco Rd
San Antonio, TX 78245
Far West Side


HIGHLIGHTS

  • New 20-year corporate absolute NNN ground lease to Salad and Go
  • 10% rental increases every five years in initial term and option periods.
  • Salad and Go has rapidly expanded to 135+ locations by end of year 2023, with a steady pipeline under entitlement/development
  • New high-quality 2024 construction featuring dedicated dual lane drive-thru for added customer convenience
  • Surrounded by high-density single-family housing developments – population of 200,938 within five miles of the property,
  • Texas has no state income tax, estate tax, or inheritance tax

OVERVIEW

Current five-mile population of 200,938 residents (expected to grow 20+% by 2028) Average household income of $127,766 within one mile (projected to grow more than 11% over the next five years) Prominent location on the four-way signalized intersection of Reid Ranch Road and Potranco Road, with visibility and access to a combined 34,614 vehicles per day Located within a brand-new retail development which includes a new McDonald’s, BlackRock Coffee, Tommy’s Express Car Wash, Dollar Tree, and many others Immediately surrounded by multiple newly constructed residential subdivision developments with over 30,000 new lots in the immediate vicinity Proximity to other retail developments with tenants such as Costco Wholesale, Walmart, TJ Maxx, PetSmart, Kohl’s, H-E-B, and many others Walking distance to Gregory Luna Middle School (1,400 students) Gateway to San Antonio (1.41 million residents), the second largest city in Texas and part of San Antonio MSA, home to 2.6 million people and experiencing robust growth Close proximity to Lackland Air Force Base (population 46,577) Surrounded by high-density single-family housing developments – population of 200,938 within five miles of the property, which is expected to grow by more than 40% over the next five years Minutes from Northwest Vista College (16,293 students) - Limited on-campus dining options: students rely heavily on off-campus restaurants and cafes

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$3,399 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Salad and Go Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

CROSS STREETS

Reid Ranch Rd

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

04358-000-0036

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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