Texas RoadHouse | 6616 W Loop 1604
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Texas RoadHouse 6616 W Loop 1604
7,163 SF 4-Star Retail Building San Antonio, TX 78254 $2,979,000 ($416/SF) 4.80% Cap Rate
Executive Summary
Corporate ground lease with strong national restaurant concept. Very attractive deal economics with below market rent and low price point. 15-year, triple net (NNN) ground lease commenced in 2017 with three, five-year renewal options. Ten percent rent increases every five years throughout base term and option periods.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,163 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Price
$2,979,000
Price Per SF
$416
Cap Rate
4.80%
NOI
$142,992
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
1.88 AC
Parking
92 Spaces (12.84 Spaces per 1,000 SF Leased)
Frontage
462 FT on Texas 1604 Loop
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,307,280 | |
| Land Assessment | $1,244,860 | Total Assessment | $2,552,140 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,244,860
Improvements Assessment
$1,307,280
Total Assessment
$2,552,140
-
Van Hull Commercial Brad Van Hull -
Power Broker
Brian Brockman
- Van Hull Commercial
Learn More About Investing in Retail Properties
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Van Hull Commercial
Texas RoadHouse | 6616 W Loop 1604
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.