5552 Loop StSan Antonio, TX 78238

For Sale
$3,600,000

High-traffic location, 19-year lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a ground lease interest in a newly constructed (2024), 6,521 square foot Chick-fil-A restaurant located at 5552 Northwest Loop 410, San Antonio, Texas 78238. The property boasts a prime location on a major thoroughfare, NW Loop 410, experiencing nearly 250,000 vehicles daily. This high-traffic area benefits from proximity to significant retail anchors including Home Depot, Sam's Club (the 5th busiest in the nation with over 3.2 million annual visits), and Walmart. Furthermore, the property is strategically situated near substantial residential development, including multiple multifamily buildings totaling over 1,500 units, and is only three miles from the Methodist Healthcare Campus, a large medical facility. The absolute NNN lease with Chick-fil-A, a leading QSR brand with over 3,000 locations and $21.6 billion in systemwide sales in 2023, offers a corporate guarantee and a remaining term of 19 years. The lease includes 10% rent bumps every five years and ten five-year renewal options, providing a strong hedge against inflation. The current Net Operating Income (NOI) is $147,500, resulting in a 4.10% cap rate. The asking price for this exceptional investment is $3,600,000. This property offers a compelling combination of a strong tenant, a prime location, and a long-term lease, making it an attractive addition to any investment portfolio. The property is situated in Bexar County, within a 5-mile radius of approximately 406,000 residents.

Highlights

  • Located in the fastest-growing state by population.
  • NNN ground lease; zero landlord responsibilities.
  • New 19-year QSR lease; 10% rent increases every five years; three five-year options.
  • Less than one mile from a top-five Sam's Club (3.1M annual visits).
  • High-traffic location on NW Loop 410 (250,000+ vehicles daily).
  • Adjacent to new multifamily developments (500+ units & 3,000 single-family lots).

Property Details for 5552 Loop St

Property type
Other retail properties, Restaurants
Square Feet
6,521 SF
Class
A
Year Built
2024

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4841387
Longitude
-98.5935922
5552 Loop St, San Antonio, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5552 Loop St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message