SWC of La Cima & Glen Ridge Dr San Antonio, TX 78258

For Sale
$994,000

Costa Oil Corp GL

Overview

Added:
Jan 29
Days on market:
44
Ideal Location Near San Antonio Medical Center:

The subject properties are located just south of San Antonio’s medical district – a major trade area generator boosting daytime population and consumer traffic in the area.


Successful and Growing Local Operators:

Costa Oil and Mucho Ice are successful local operators with multiple sites and have strategic plans to add several new units.


Densely Populated Trade Area:

There are a significant number of surrounding rooftops with 378,531 people and 146,905 households in the 5-mile radius.

Highlights

  • New Long Term Absolute NNN Ground Lease & Recent Lease Extension: Costa Oil signed a brand-new lease that will commence approximately in 2023, providing a buyer 20 full years of term (plus options). Mucho Ice has been successfully operating at this location since 2015. Mucho Ice recently exercised their first 5-year option in 2020 showing their continued commitment to this site. Zero landlord obligations creating a passive, management-free investment. Walmart Supercenter, Home Depot and Sam’s Club Centers: Tenants benefits from their location adjacent to a Walmart Supercenter, Home Depot and Sam’s Club anchored shopping centers. The subject properties are pads in a historically successful PetSmart and adjacent to the regional Cinemark movie theater. Other national retailers include Party City, Wendy’s, Cavender’s, Golden Corral, Chili’s, Conn’s and a number of others. Highway Visibility along Heavily Trafficked Interstate 410: The subject property is ideally located along Interstate 410 with nearly 200,000 cars per day.

Property Details for SWC of La Cima & Glen Ridge Dr

Property type
Other retail properties, Individual retail properties
Square Feet
700 SF
Price / Square Foot
$1,420
Year Built
2022
Buildings
2
Stories
1
Elevators
N/A
Lot Size (sq. ft)
22,240 SF
Units
2
Net Operating Income
$54,660

Location Insight

City
San Antonio
County
State
Texas

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SWC of La Cima & Glen Ridge Dr
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