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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
The Vitamin Shoppe began in 1977 as a health and nutrition retailer and has grown into an omnichannel specialty business focused on wellness products and guidance. The company offers vitamins, supplements, sports nutrition, healthy weight support, natural beauty products, herbs, superfoods, aromatherapy, and on-the-go foods and beverages through stores, digital channels, and its owned brands. Its assortment includes proprietary labels such as BodyTech, plnt, ProBioCare, True Athlete, and The Vitamin Shoppe brand, alongside national brands. The business also connects its retail model with rewards, coaching, and community wellness efforts as part of its broader market presence.
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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
The company was formed in 2000 through the merger of Bell Atlantic and GTE, creating a communications business with roots in earlier regional telephone and network operations. Verizon provides wireless service, fixed wireless access, and fiber broadband for consumer customers, while also serving businesses and government agencies. The company's business offerings include data, video, conferencing, corporate networking, security, managed network services, voice services, and internet of things connectivity, giving Verizon a broad role across the communications technology market.
| 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
