12835 Potranco RdSan Antonio, TX 78253

For Sale
$2,000,000

High-growth area, 20-year NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a brand-new, 556 square foot Salad and Go restaurant on a 0.68-acre lot in San Antonio, Texas. The property boasts a 20-year absolute NNN ground lease, commencing April 19, 2024, and expiring March 30, 2044, with a remaining term of 19.5 years. The lease includes 10% rent increases every five years, providing significant long-term growth potential. The property generates a strong net operating income (NOI) of $120,000, resulting in a 6.00% cap rate. The tenant, Salad and Go, is backed by a corporate guarantee, mitigating risk. This strategically located property sits at a signalized intersection of Reid Ranch Road and Potranco Road, benefiting from high visibility and access to 34,614 vehicles daily. It's part of a thriving new retail development, anchored by McDonald's, Black Rock Coffee, and other national brands, and surrounded by substantial residential growth, including over 30,000 new residential lots. The area boasts a current population of 200,938 within five miles, projected to grow by over 20% by 2028, with an average household income of $127,766 within one mile. Proximity to major retailers, schools (including Gregory Luna Middle School and Northwest Vista College), Lackland Air Force Base, and the larger San Antonio MSA further enhances the property's value. This is an ideal 1031 exchange opportunity for passive investors seeking strong returns in a high-growth market. The building was constructed in 2024 and features a dedicated dual-lane drive-thru. Texas's favorable tax environment adds to the investment's attractiveness.

Highlights

  • New 20-year absolute NNN ground lease to Salad and Go, with 10% rent increases every five years.
  • Strong demographics: 200,938 residents within five miles, projected 20%+ growth by 2028; average household income of $127,766 within one mile, projected 11%+ growth over five years.
  • High-visibility location at a signalized intersection with 34,614 vehicles per day.
  • Part of a new retail development including McDonald's, Black Rock Coffee, and other national tenants; surrounded by over 30,000 new residential lots.
  • Proximity to major retailers (Costco, Walmart, etc.) and schools; located in the San Antonio MSA.
  • Close proximity to Lackland Air Force Base and Northwest Vista College.

Property Details for 12835 Potranco Rd

Property type
Other retail properties, Individual retail properties
Square Feet
556 SF
Year Built
2024
Lot Size (sq. ft)
29,621 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4301295
Longitude
-98.7471167
12835 Potranco Rd, San Antonio, Texas

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12835 Potranco Rd
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