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Cibolo Station Shopping Center- Unit #101 313 FM 1103
3,563 SF of 4-Star Retail Space Available in Cibolo, TX 78108
Sublease Highlights
- Gerat corner location in Cibolo, TX
- Twelve months of sales ending in 2024 were $1.4M plus.
- Restaurant is open and operating today.
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor, Ste 101 | 3,563 SF | 12 ft | Jun 2033 | £22.69 /SF/PA £1.89 /SF/MO £244.24 /m²/PA £20.35 /m²/MO £80,848 /PA £6,737 /MO | Triple Net |
1st Floor, Ste 101
Here is an opportunity to step into a fully operational and very profitable Mexican food restaurant. Owners are wanting to retire after 30 years in the business. This is their latest location and is fully complete, ready to go. The space and all equipment were delivered brand new in August 2023. This property is being offered as a combination business-purchase and space-sub-let. Owner's will sub-let the space at the same rental rate as now in the primary lease, plus sell the furniture, equipment, fixtures and goodwill for $600,000. New purchaser will have to change the restaurant's name and apply for a new liquor license and Certificate of Occupancy.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Anchor Space
- Central Air and Heating
- Kitchen
- Private Restrooms
- Freezer Space
- Security System
- Corner Space
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 12 ft
- Activity License
- Smoke Detector
- Wheelchair Accessible
- Great Location
- Coner End-Cap Visability
- High Traffic Count
- Growing Residential Neighborhood
- New HEB Across Street
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 313 FM 1103 , Cibolo, TX 78108
| Property Type | Retail | Total Land Area | 1.90 AC |
| Property Subtype | Freestanding | Year Built | 2021 |
| Gross Internal Area | 9,895 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 9,895 SF |
| Total Land Area | 1.90 AC |
| Year Built | 2021 |
About the Property
Brand new, existing Mexican food restaurant is FOR SALE. Twelve month's sales in were excess of $1.4M. A buyer would have to assume the lease and work out a purchase arrangement for the Goodwill and Fixtures. Call broker for details.
- Property Manager on Site
- Pylon Sign
- Restaurant
- Drive Thru
- Air Conditioning
-
Michael Noll - Michael D. Noll Commercial Real Estate
Presented by
Michael D. Noll Commercial Real Estate
Cibolo Station Shopping Center- Unit #101 | 313 FM 1103
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