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Bush's Chicken - San Antonio, TX 3111 Thousand Oaks Dr

3,432 SF Retail Building San Antonio, TX 78247 $3,306,181 ($963/SF) 5.50% Cap Rate

Investment Highlights

  • This Property's Lease Is Backed By Both The Bush's Chicken Corporate Entity And A Personal Guarantee From The Company's Founder
  • Operating Under The Recognized Bush's Chicken Brand, This Location Benefits From Bush's Chicken's Established Reputation For Quality
  • The Lease Includes A 10% Rental Increase Every 5 Years, Supporting NOI Growth And Acting As A Hedge Against Inflation
  • The Property Features A Clear Channel Billboard Lease That Generates Supplementary Income, Enhancing The Overall Return
  • The Property Is Under A 12-Year Absolute NNN Lease, Providing Investors With True Passive Income And Zero Landlord Responsibilities
  • Positioned in a High-Traffic Area Of San Antonio, With Over 30,000 Vehicles Passing Daily; This High-Visibility Site Ensures

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,432 SF Bush's Chicken Located at 3111 Thousand Oaks Drive in San Antonio, TX. This Deal Includes a Long Term 12-Year Triple Net (NNN) Lease, Providing Investors With True Passive Income and Zero Landlord Responsibilities, and the Lease Structure Ensures Consistent and Reliable Returns, Providing For a Secure Investment. The Property Also Includes a Clear Channel Billboard Lease, Providing For Additional Income on the Property For 3 Years.

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,432 SF
Building Class
B
Year Built
2013
Price
$3,306,181
Price Per SF
$963
Cap Rate
5.50%
NOI
$181,840
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.94 AC
Parking
25 Spaces (7.28 Spaces per 1,000 SF Leased)
Frontage
182 FT on Thousand Oaks Dr

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Bush's Chicken
  • Accommodation and Food Services
  • 3,432 SF
  • $52.20
  • Triple Net
  • Jun 2036
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Bush's Chicken Accommodation and Food Services 3,432 SF $52.20 Triple Net Jun 2036

Nearby Major Retailers

Bush's Chicken
Anytime Fitness
PNC Bank
Chase Bank
Bank of America
Jazzercise
  • Listing ID: 33834362

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 3111 Thousand Oaks Dr, San Antonio, TX 78247

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