STNL - Daycare in a Trophy Location

Retail-Commercial for Sale
Catylist Listing ID: 30039859
Property Subtypes: Day Care Facility
Building Size (RSF): 6,135 SF
Gross Building Area: See Agent
Sale Price: $1,700,000
Unit Price: $277.10 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 5.9%
Average Occupancy Rate: 100
Last Updated: 4/11/2018

Overview / Comments

Absolute NNN
6,135 sf building on .57 acres
Built in 2003
10 years to go on current lease
5% rent increase in year 5
In the heart of one of the most dynamic areas of the city, with more than 60,000 jobs in the immediate vicinity.

Attachments & Media

Additional Details

Nearest MSA: San Antonio-New Braunfels
County: Bexar
Submarket Type: Other
Tax ID/APN: 512749
Property Visibility: Excellent
Tenancy: Single Tenant
Property Condition: Excellent
Total Parking Spaces: 16
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,007 163,761 450,368
Median Age: 32.34 34.97 34.3
Households: 8,712 69,995 178,575


Photograph of Listing Agent

Roger Gray

South Texas CIE
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