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Verizon & the Vitamin Shoppe | 100% Occupied 2350 SW Military Dr 6,000 SF 100% Leased Retail Building San Antonio, TX 78224 $2,741,000 ($456.83/SF) 6.75% Cap Rate
Investment Highlights
- 100% Occupied 2-Tenant Pad
- South Park Mall (783,000+ SF) | Dense Retail Corridor
- NN Leases | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
(formerly Cello Partnership, now Verizon Wireless) has exercised both of its 5-year renewal options, extending its lease through 2025. The Vitamin Shoppe has also exercised its 5-year renewal option, extending its lease through 2028, with two additional 5-year options to extend. Both leases are structured as NN with tenants reimbursing for taxes, insurance, and CAM, leaving the landlord with minimal responsibilities. This creates an ideal, low-management investment opportunity for a passive investor seeking stable cash flow from nationally recognized tenants.
Property Facts
Amenities
- Freeway Visibility
- Signage
- Monument Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
Founded in 1977, The Vitamin Shoppe is a privately held specialty retailer headquartered in Secaucus, New Jersey. The company offers a wide range of nutritional products including vitamins, minerals, sports nutrition, herbs, and natural beauty items. It operates through both physical retail stores and a robust e-commerce platform. The Vitamin Shoppe was acquired by Kingswood Capital Management and Performance Investment Partners in May 2025. As of 2025, the company maintains over 670 store locations across the United States. The Vitamin Shoppe is known for its proprietary brands such as BodyTech, plnt, and Vthrive, and emphasizes rigorous quality assurance across its product lines.
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- Information
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
Verizon Communications Inc. is a leading global telecommunications company headquartered at 1095 Avenue of the Americas in New York City. Incorporated in Delaware and founded in 1983 as Bell Atlantic, Verizon has evolved into one of the world’s largest providers of wireless communications, broadband connectivity, digital television, and enterprise technology solutions. Its New York headquarters houses the company’s Board of Directors and serves as the center for strategic planning, finance, legal operations, public affairs, and corporate governance. The broader corporate organization includes an operational headquarters in Basking Ridge, New Jersey, where many executive leadership functions and core business teams are based. With more than 99,000 employees globally, Verizon supports millions of consumers and businesses, including nearly all Fortune 500 companies, with next-generation network infrastructure, 5G mobility, IoT solutions, cloud services, and cybersecurity offerings.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
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Information | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 12328-000-0028 | Improvements Assessment | $48,257,303 |
| Land Assessment | $14,816,420 | Total Assessment | $63,073,723 |
Property Taxes
Presented by
Verizon & the Vitamin Shoppe | 100% Occupied | 2350 SW Military Dr
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