RED LOBSTER 7835 I-35

7835 I-35 , San Antonio, Texas, 78224 | 7,129 sq.f | $ 3,000,000

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About This Restaurant

Investment Highlights

Located near various amenities, such as hospitals, schools, and shopping centers, enhancing its desirability. Proximity to Downtown San Antonio, home to numerous museums, theaters, music venues, and restaurants, providing residents and visitors STRATEGICALLY LOCATED ? Positioned along the area?s major traffic & retail corridor. Includes Lackland AFB, US Army Fort Sam Houston, and US Air Force Randolph Base. SOUTH PARK MALL ? The foremost and sole regional shopping center situated on the South Side of San Antonio. Home to over 235,000 residents within a 5-mile radius, San Antonio stands as the nation?s 7th largest and the second-fastest-growing city.

Executive Summary

Kyle MatthewsLicense No. 9005919 (TX)(866) 889-0550Matthews Real Estate Investment Services, Inc8300 Douglas Ave.,Ste. 750, Dallas, TX 75225

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    7,129
  • Building Class    B
  • Year Built    2010
  • Price    3,000,000
  • Price Per SF    421
  • Cap Rate    6.80
  • NOI    204,000
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.09
  • Land Acres    1.82 AC

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage

Nearby Amenities & Transportation

Retail Longhorn Steakhouse
Retail Red Lobster
Retail Olive Garden Italian Rstrnt
Retail Buffalo Wild Wings
Retail Chili's
Retail PNC Bank
Retail Luciano
Retail Starbucks
Retail IHOP
Retail Frost Bank

Property Taxes

Parcel Number 11186-000-0301 Improvements Assessment $2,329,220
Land Assessment $1,229,670 Total Assessment $3,558,890
Date Created: 2024-07-16 04:23:46 Last Updated: 2024-07-16 04:23:46
Address: 7835 I-35 , San Antonio, Texas, 78224