16308 San Pedro Ave | San Antonio, TX 78232
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16308 San Pedro Ave
San Antonio, TX 78232
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High traffic area in North San Antonio
- Several major retailers nearby
- Newer building on 1.09 acres
- Excellent location along HWY 281 at Thousand Oaks Dr Exit.
EXECUTIVE SUMMARY
Great investment opportunity in San Antonio - newer building (2018) on 1.09 acres. Absolute NNN lease, 15 years, 5.77% CAP, $300,000.00 base with 2% annual increases and options to renew. Long term tenant with strong financial statements. Premier 1 Auto Care, is one of the fastest growing auto repair & services in the area with shops 2 & 3 set to open in Q4 of 2023
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,800 SF
Building Class
B
Year Built
2018
Price
$7,521,800 CAD
Price Per SF
$964 CAD
Cap Rate
5.77%
NOI
$433,950 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.09 AC
Zoning
Commerical- B - District B: General business with a SUP (Special Use Permit) issued by the City of Hollywood Park
Parking
35 Spaces (4.49 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 04991-300-0090 | Improvements Assessment | $1,244,800 CAD |
| Land Assessment | $889,916 CAD | Total Assessment | $2,134,716 CAD |
PROPERTY TAXES
Parcel Number
04991-300-0090
Land Assessment
$889,916 CAD
Improvements Assessment
$1,244,800 CAD
Total Assessment
$2,134,716 CAD
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