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Men's Wearhouse & Two Greeks Grill 1903 N Loop 1604 E 8,698 SF 100% Leased Retail Building San Antonio, TX 78232 $3,713,000 ($426.88/SF) 6.50% Cap Rate
Investment Highlights
- National Tenant | Long Operating History | New, 5-Year Lease
- Part of the Legacy Shopping Center | High Traffic Area | Northwoods Shopping Center
- NNN Leases | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• Men’s Wearhouse has over 635 locations nationwide and has operated at this location since 2007, demonstrating their commitment to the site
• Two Greeks Grill, a new Mediterranean restaurant concept, recently signed a new, 5-year lease with plans to open for business in the spring of 2026
• Two Greeks Grill, a new Mediterranean restaurant concept, recently signed a new, 5-year lease with plans to open for business in the spring of 2026
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,698 SF
Building Class
B
Year Built
2006
Price
$3,713,000
Price Per SF
$426.88
Cap Rate
6.50%
NOI
$241,356
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
4.59 AC
Zoning
C-3 - General Commercial
Parking
100 Spaces
Frontage
408’ on North Loop 1604 East
Amenities
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15671-004-0010 | Improvements Assessment | $745,580 |
| Land Assessment | $5,854,420 | Total Assessment | $6,600,000 |
Property Taxes
Parcel Number
15671-004-0010
Land Assessment
$5,854,420
Improvements Assessment
$745,580
Total Assessment
$6,600,000
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Men's Wearhouse & Two Greeks Grill | 1903 N Loop 1604 E
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