8014 Bandera Rd | San Antonio, TX 78250
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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
£2,415,629
Price Per SF
£563
Net Initial Yield
6.50%
NOI
£157,095
Tenancy
Single
Number of Floors
1
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 Route
- Pylon Sign
- Waterfront
- Drive Thru
PROPERTY TAXES
| Parcel Number | 17975-000-0120 | Improvements Assessment | £1,054,455 |
| Land Assessment | £784,825 | Total Assessment | £1,839,279 |
PROPERTY TAXES
Parcel Number
17975-000-0120
Land Assessment
£784,825
Improvements Assessment
£1,054,455
Total Assessment
£1,839,279
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