1739 SW Loop 410 | San Antonio, TX 78227
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1739 SW Loop 410
San Antonio, TX 78227
Big Lots · Retail Property For Sale
Investment Highlights
- PREMIER TENANT - Big Lots, Inc (NYSE: BIG) is one of the world’s leading discount retail providers.
- FAVORABLE RENEWAL TERMS & ATTRACTIVE NOI GROWTH - Renewal options will vary by state.
- FREE & CLEAR OF FINANCING - The Properties will be transferred free and clear of debt.
- OPTIMAL NET-LEASE STRUCTURE - The Properties feature twenty (20)-year individual absolute net-leases.
- STRONG REAL ESTATE FUNDAMENTALS - Characteristically situated amid retail corridors or within robust industrial hubs.
- The properties are leased below market rents with annual rents of $10.00 PSF average for Retail Store Properties.
Executive Summary
20-Year Absolute NNN Lease with 2% Annual Increases
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
31,600 SF
Building Class
C
Year Built/Renovated
1985/1995
Price
$6,430,466 CAD
Price Per SF
$203 CAD
Cap Rate
6.25%
NOI
$401,904 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
2.30 AC
Parking
98 Spaces (2.7 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Signage
PROPERTY TAXES
Parcel Number | 17302-037-0066 | Improvements Assessment | $1,879,877 CAD |
Land Assessment | $839,691 CAD | Total Assessment | $2,719,567 CAD |
PROPERTY TAXES
Parcel Number
17302-037-0066
Land Assessment
$839,691 CAD
Improvements Assessment
$1,879,877 CAD
Total Assessment
$2,719,567 CAD
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