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11860 Blanco Rd
San Antonio, TX 78216
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Strong regional operator with a long-standing brand presence in Texas
- Stable, Predictable Cash Flow
- Prime North San Antonio Location on Blanco Road
EXECUTIVE SUMMARY
Freestanding Las Palapas restaurant located on high-traffic Blanco Road in North San Antonio
Strong regional operator with a long-standing brand presence in Texas
NNN lease structure (tenant responsible for taxes, insurance, and maintenance)
Long-term lease in place, providing stable and predictable cash flow
Excellent visibility, access, and signage along a major commercial corridor
Surrounded by dense residential neighborhoods and strong retail traffic drivers
Ideal for 1031 exchange buyers, private investors, and long-term hold strategies
Opportunity to acquire a single-tenant, passive investment with minimal landlord responsibilities
Strong regional operator with a long-standing brand presence in Texas
NNN lease structure (tenant responsible for taxes, insurance, and maintenance)
Long-term lease in place, providing stable and predictable cash flow
Excellent visibility, access, and signage along a major commercial corridor
Surrounded by dense residential neighborhoods and strong retail traffic drivers
Ideal for 1031 exchange buyers, private investors, and long-term hold strategies
Opportunity to acquire a single-tenant, passive investment with minimal landlord responsibilities
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,314 SF
Building Class
B
Year Built
1989
Price
$2,800,000
Price Per SF
$1,210.03
Cap Rate
6%
NOI
$168,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.43 AC
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 16249-006-0230 | Improvements Assessment | $457,920 |
| Land Assessment | $309,080 | Total Assessment | $767,000 |
PROPERTY TAXES
Parcel Number
16249-006-0230
Land Assessment
$309,080
Improvements Assessment
$457,920
Total Assessment
$767,000
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