6332 Babcock RdSan Antonio, TX 78240

This exceptional investment opportunity presents a triple-net (NN) leased retail property located at 6332 Babcock Rd, San Antonio, TX 78240, within the San Antonio MSA. The property encompasses 9,014 square feet on a 0.95-acre lot and features a diverse tenant mix of Dollar General, Dollar Tree, and Family Dollar, all operating under a single lease agreement. Built in 2004, the property boasts 100% occupancy with a current lease expiration date of June 30, 2031, leaving over 6.4 years remaining on the primary lease term. Two, five-year lease options are included, each with a 10% rent increase. The current annual Net Operating Income (NOI) stands at $73,344, yielding a compelling 6.75% cap rate. The property benefits from a strong tenant credit profile, including a corporate guarantee and a credit rating of BBB (S&P). The location is strategically positioned within a robust trade area, boasting a population of approximately 314,193 residents within a 5-mile radius and proximity to major national retailers such as Walmart, Target, Sam's Club, HEB, Marshalls, Starbucks, and TJ Maxx. The asking price for this exceptional retail investment is $1,086,578. Texas's income tax-free status further enhances the investment's appeal. Dollar General's long-term commitment to this location, since 2005, underscores the property's stability and potential for continued growth. This is a rare opportunity to acquire a high-performing, triple-net leased retail property in a prime San Antonio location with a strong tenant and significant remaining lease term.