2301 Pat Booker RdUniversal City, TX 78148

For Sale
$3,657,143

High-Yield Golden Corral Leaseback

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 7,745 square foot, 100% occupied, Golden Corral restaurant in Universal City, Texas. Located on a 1.35-acre lot at 2301 Pat Booker Rd, this property boasts a 20-year absolute NNN lease with a 7.00% cap rate and $256,000 annual NOI. The lease includes 10% rent bumps every five years and three five-year options. The tenant, Golden Corral, recently completed a $600,000 renovation. This prime location within the San Antonio MSA benefits from high visibility, easy highway access (I-35 and Loop 1604), and proximity to Randolph Air Force Base and numerous other retailers. The strong demographic profile within a 5-mile radius, featuring over 220,000 residents and an average household income of nearly $100,000, further enhances the investment's appeal. Built in 1995 and renovated in 2025, this property offers a secure, long-term investment with significant upside potential. The asking price is $3,657,143.

Highlights

  • $3,657,143 asking price for a 7,745 SF retail property in Universal City, TX.
  • Absolute NNN net lease with a 20-year term remaining.
  • 100% occupancy with a single tenant: Golden Corral.
  • 7.00% cap rate and $256,000 annual NOI.
  • Located on Pat Booker Rd, near I-35 and Loop 1604, with strong demographics and nearby retailers.
  • $600,000 tenant remodel at closing.

Property Details for 2301 Pat Booker Rd

Property type
Other retail properties, Individual retail properties
Square Feet
7,745 SF
Year Built/Renovated
1995/2025
Lot Size (sq. ft)
58,806 SF

Location Insight

City
Universal City
County
Bexar
State
Texas
Latitude
29.55524709
Longitude
-98.31454896
2301 Pat Booker Rd, Universal City, Texas

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2301 Pat Booker Rd
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