1739 SW Loop 410
San Antonio, TX 78227

Big Lots · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • PREMIER TENANT - Big Lots, Inc (NYSE: BIG) is one of the world’s leading discount retail providers.
  • FAVORABLE RENEWAL TERMS & ATTRACTIVE NOI GROWTH - Renewal options will vary by state.
  • FREE & CLEAR OF FINANCING - The Properties will be transferred free and clear of debt.
  • OPTIMAL NET-LEASE STRUCTURE - The Properties feature twenty (20)-year individual absolute net-leases.
  • STRONG REAL ESTATE FUNDAMENTALS - Characteristically situated amid retail corridors or within robust industrial hubs.
  • The properties are leased below market rents with annual rents of $10.00 PSF average for Retail Store Properties.

EXECUTIVE SUMMARY

20-Year Absolute NNN Lease with 2% Annual Increases

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
31,600 SF
Building Class
C
Year Built/Renovated
1985/1995
Price
$4,522,128
Price Per SF
$143
Cap Rate
6.25%
NOI
$282,633
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
2.30 AC
Parking
98 Spaces (2.7 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Signage

PROPERTY TAXES

  • Listing ID: 29822259

  • Date on Market: 10/18/2023

  • Last Updated:

  • Address: 1739 SW Loop 410, San Antonio, TX 78227