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8014 Bandera Rd
San Antonio, TX 78250

Chase (Ground Lease) · Retail Property For Sale

Investment Highlights

  • Ground Lease with 3.8 Years Remaining
  • Prime Retail Destination in Northwest San Antonio: Established Bandera Road Corridor (51,319 VPD)
  • More than 366,188 Residents and 425,791 Employees Within a Five-Mile Radius
  • Outparcel to Walmart
  • Large 1.22-Acre Parcel with Ample Parking and Multiple Access Points

Executive Summary

Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Chase Bank in San Antonio, TX. The property consists of a 4,290-square-foot, freestanding building that sits on approximately 1.22 acres of land. There are 3.8 years remaining on the lease with 10% rental increases every 5 years.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
4,290 SF
Building Class
C
Year Built
2008
Price
$3,070,000
Price Per SF
$716
Cap Rate
6.50%
NOI
$199,650
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.22 AC
Zoning
C-3
Parking
25 Spaces (5.83 Spaces per 1,000 SF Leased)
Frontage
199 FT on Bandera Rd

Amenities

  • Bus Line
  • Pylon Sign
  • Waterfront
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17975-000-0120
Land Assessment
$996,350
Improvements Assessment
$1,338,650
Total Assessment
$2,335,000
  • Listing ID: 33854261

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 8014 Bandera Rd, San Antonio, TX 78250

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