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Sonic

12405 Bandera Road, Helotes, TX 78023

Price:
$1,450,000
CAP Rate:
6.21%
NOI:
$90,000
Net Rentable Area:
1,769 SF
Lot Size:
1.47 Acres
Year Built:
2001
Status:
SOLD

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • 20 year corporate guaranteed fee simple opportunity (4.4 yrs remaining on first option)
  • Tenant exercised their first option indicting their desire to remain at this seasoned location
  • Affluent San Antonio suburb where average household income exceeds $117,822
  • Lease offers percentage rent opportunity over break even and base rent
  • Strategically located adjacent to a large community high school which contributes to the units success

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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