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Advance Auto Hub & Dollar General 110-114 Goliad Rd 25,827 SF 100% Leased Retail Building San Antonio, TX 78223 $2,350,000 ($90.99/SF) 7.43% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Advance Auto and Dollar General leases
- 7.5% rental increases every 5 years during the primary term and option periods for the Advance Auto
- Mission critical Advance Auto Hub location providing regional distribution services
- 20+ year operating histories with both tenants signing recent extensions
- Excellent intrinsics – extremely low price per foot ($90) and below market rent ($6/SF)
- Nearby national retailers driving traffic to the direct trade area include Home Depot, H-E-B, Marshalls, and Burlington
EXECUTIVE SUMMARY
Corporate Advance Auto and Dollar General leases both with 20+ year operating histories at this location. Subject property located at the hard corner intersection of Goliad Road and Fair Avenue and is surrounded by major national retailers including Home Depot, H-E-B, Marshalls, and Burlington.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
25,827 SF
Building Class
B
Year Built
1960
Price
$2,350,000
Price Per SF
$90.99
Cap Rate
7.43%
NOI
$174,525
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.28
Lot Size
2.09 AC
Zoning
C-2 - Commercial District
Frontage
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09566-001-0090 | Improvements Assessment | $1,383,970 |
| Land Assessment | $716,030 | Total Assessment | $2,100,000 |
PROPERTY TAXES
Parcel Number
09566-001-0090
Land Assessment
$716,030
Improvements Assessment
$1,383,970
Total Assessment
$2,100,000
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Advance Auto Hub & Dollar General | 110-114 Goliad Rd
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