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3535 SW Military Dr 2,400 SF 100% Leased Retail Building San Antonio, TX 78211 $950,000 ($395.83/SF)
EXECUTIVE SUMMARY
This is a great investment opportunity along SW Military Drive. Currently being used for "Right Now Auto Sales". The main building was built in 2022 and is in excellent condition. The second building is approx. 672 SF and was built in 1960, it's in average condition.
In addition to the real estate, there are approximately 130 notes receivable available for purchase.
(these are secured by used vehicles and not included in the asking price of the real estate).
The asking price is not disclosed (we are accepting offers).
? Total principal balance is approximately $1,000,000
? Average interest rate is 23% on the auto notes.
? Average remaining term is 28 months
? Average monthly payment is $387
? Total monthly cashflow from notes is between $40,000-$50,000
In addition to the real estate, there are approximately 130 notes receivable available for purchase.
(these are secured by used vehicles and not included in the asking price of the real estate).
The asking price is not disclosed (we are accepting offers).
? Total principal balance is approximately $1,000,000
? Average interest rate is 23% on the auto notes.
? Average remaining term is 28 months
? Average monthly payment is $387
? Total monthly cashflow from notes is between $40,000-$50,000
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,400 SF
Year Built
2022
Price
$950,000
Price Per SF
$395.83
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
0.92 AC
Opportunity Zone
Yes
Frontage
73’ on Southwest Military Drive
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08780-004-0220 | Improvements Assessment | $109,980 |
| Land Assessment | $221,550 | Total Assessment | $331,530 |
PROPERTY TAXES
Parcel Number
08780-004-0220
Land Assessment
$221,550
Improvements Assessment
$109,980
Total Assessment
$331,530
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3535 SW Military Dr
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