20702 Stone Oak PkwySan Antonio, TX 78258

For Sale
$5,250,000

High-Income Area, 9+ Year Lease

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a single-tenant, net-leased office building totaling 8,953 square feet, situated on a substantial 1.71-acre lot in San Antonio, Texas. The property, constructed in 2017, is currently leased to Action Behavior Centers, a national operator with over 280 locations, under a corporate guarantee. The lease commenced November 21, 2022, and features a remaining term of approximately nine years, extending to November 30, 2033, with two five-year renewal options. The annual rent escalates by 2.00%, providing consistent income growth. The property boasts a strong net operating income (NOI) of $335,290, resulting in a compelling 6.40% cap rate. Located at 20702 Stone Oak Pkwy, 78258, this property benefits from its prime location in a high-income area, with an average household income exceeding $146,468 within a five-mile radius. Recent capital improvements were made to accommodate the tenant's expanding needs. This presents a low-maintenance, high-return investment with a stable, national tenant and significant lease term remaining. The asking price is $5,250,000.

Highlights

  • Single-tenant, net-leased office/retail investment property with minimal landlord responsibilities.
  • Corporate lease with over 9 years remaining; 11-year lease commenced November 21, 2022, with two 5-year options.
  • 2.00% annual rent escalations.
  • National tenant (Action Behavior Centers) with 280+ locations.
  • Excellent location in affluent San Antonio, TX trade area (5-mile average household income $146,468); 8,953 square feet on a 1.71-acre lot.
  • Large site with recent capital improvements; $5,250,000 asking price, 6.40% cap rate, $335,290 NOI.

Property Details for 20702 Stone Oak Pkwy

Property type
Day care centers & nurseries, Other retail properties
Square Feet
8,953 SF
Year Built
2017
Lot Size (sq. ft)
74,488 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.6493415
Longitude
-98.46037
20702 Stone Oak Pkwy, San Antonio, Texas

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20702 Stone Oak Pkwy
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