5001 Walzem Rd

2,900 SF Retail Building San Antonio, TX 78218 $1,550,000 ($534/SF) 6.50% Cap Rate

Investment Highlights

  • Long term national credit tenant. Property is in Windcrest and it is not subject to City of San Antonio ordinances. Rackspace Headquarters is nearby.

Executive Summary

The property is surrounded by commercial development and mature residential neighborhoods. Rackspace Headquarters and Roosevelt High School are across Walzem Rd. from the property.
The property is located on the north side of Walzem Road, east of IH-35.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,900 SF
Building Class
B
Year Built
1975
Price
$1,550,000
Price Per SF
$534
Cap Rate
6.50%
NOI
$100,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.40 AC
Parking
26 Spaces (8.97 Spaces per 1,000 SF Leased)
Frontage
101 FT on Walzem

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Nearby Major Retailers

Starbucks
Frost Bank
Red Lobster
Buffalo Wild Wings
Bank of America
Rent-A-Center
EOS Fitness
Applebee's
Olive Garden
TruFit

PROPERTY TAXES

  • Listing ID: 3620224

  • Date on Market: 7/14/2014

  • Last Updated:

  • Address: 5001 Walzem Rd, San Antonio, TX 78218