Brevity Coffee | New 15yr Abs NNN w/ Incrs | 146 St Cloud Rd
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Brevity Coffee | New 15yr Abs NNN w/ Incrs 146 St Cloud Rd
304 SF Retail Building San Antonio, TX 78228 $1,516,000 ($4,987/SF) 6% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Options To Extend | Scheduled Rental Increases
- Close Proximity to Walmart Supercenter | Drive-Thru Equipped
- Absolute NNN | Brand New Construction | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire an absolute NNN ground leased, Brevity Coffee investment property located in San Antonio, Texas. The tenant, Grind Haus Coffee Company LLC, recently signed a brand new 15 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1.5% rental increases annually throughout the initial term, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Brevity Coffee Co has opened 7 successful locations throughout the San Antonio MSA.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
304 SF
Year Built
2024
Price
$1,516,000
Price Per SF
$4,987
Cap Rate
6%
NOI
$91,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Land Acres
0.38 AC
Zoning
C-1 - Light Commercial District
Parking
3 Spaces (9.87 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Walk Score ®
Very Walkable (75)
PROPERTY TAXES
Parcel Number | 08340-009-0390 | Improvements Assessment | $0 |
Land Assessment | $661,010 | Total Assessment | $661,010 |
PROPERTY TAXES
Parcel Number
08340-009-0390
Land Assessment
$661,010
Improvements Assessment
$0
Total Assessment
$661,010
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Brevity Coffee | New 15yr Abs NNN w/ Incrs | 146 St Cloud Rd
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