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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 is a publicly traded telecommunications company (NYSE:?VZ) headquartered in New York City, with its operational hub located in Basking Ridge, New Jersey. Founded in 1983 through the Bell Atlantic merger, Verizon delivers diverse services including wireless voice and data, broadband (Fios), and enterprise solutions. It operates an authorized retail store in Bordentown, NJ, located at 276B Dunns Mill Road, offering wireless devices, plans, and home internet services. As of 2024, Verizon employed approximately 99,600 people and reported annual revenues around $135 billion. In October 2025, Daniel H. Schulman, former CEO of PayPal, succeeded Hans Vestberg as CEO and is leading a strategic restructuring, including workforce reductions and integration of the Frontier Communications acquisition. Verizon is a major player in 5G and fiber deployment and is included in the Dow Jones Industrial Average.
| 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
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Verizon & the Vitamin Shoppe | 100% Occupied | 2350 SW Military Dr
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