About This Restaurant
Investment Highlights
Long Term 10-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities Proven Commitment - Franchisee Planning Significant Remodel Post Close; Inquire For More Information Long Term 15-Year Occupancy History With Strong Retail Synergy - Down the Street From Target, Sam's Club, Alamo Drafthouse Etc. SSCP is an Award-Winning Operator and Restaurant Leader With Over 500 Locations Across 5 Concepts (41-Unit Guaranty) Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years Up and Coming Area With New Commercial and Residential Developments Surrounding Sonic Property
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer for Sale a 1,509 SF?Sonic Located at 3035 TPC Pkwy in San Antonio, TX. This Deal Includes a Long Term 10-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Office Fast Food
- Building Size 1,509
- Year Built 2010
- Price 2,416,667
- Price Per SF 1,602
- Cap Rate 6
- NOI 145,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 0.75 AC
Nearby Amenities & Transportation
| Retail | Grimaldi's Pizzeria | ||
| Retail | 54th Street Grill & Bar | ||
| Retail | Chicken Salad Chick | ||
| Retail | Playa Bowls | ||
| Retail | Starbucks | ||
| Retail | Aqua-Tots Swim Schools | ||
| Retail | Cycle Bar | ||
| Retail | P. Terry's | ||
| Retail | Dutch Bros | ||
| Retail | Chase Bank |
| Date Created: | 2024-07-16 04:23:40 | Last Updated: | 2024-07-16 04:23:40 |
| Address: | 3035 Tpc Pky , San Antonio, Texas, 78259 | ||