5001 Walzem Rd
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5001 Walzem Rd
2,900 SF Retail Building San Antonio, TX 78218 £1,219,617 (£421/SF) 6.50% Net Initial Yield
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.
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
Building Size
2,900 SF
Building Class
B
Year Built
1975
Price
£1,219,617
Price Per SF
£421
Net Initial Yield
6.50%
NOI
£79,275
Tenancy
Single
Number of Floors
1
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 Route
- Freeway Visibility
- Pylon Sign
- Signage
- Signalised Intersection
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 05474-065-0040 | Improvements Assessment | £161,351 |
| Land Assessment | £277,711 | Total Assessment | £439,062 |
PROPERTY TAXES
Parcel Number
05474-065-0040
Land Assessment
£277,711
Improvements Assessment
£161,351
Total Assessment
£439,062
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5001 Walzem Rd
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