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512 Zanderson Ave
Jourdanton, TX 78026
Subway · Retail Property For Sale
Investment Highlights
- The property is operated by an experienced Subway franchisee who successfully owns and operates over 35 Subway locations.
- One-block away from Jourdanton High School which sees over 10,000 VPD.
- Located approximately thirty-seven miles south of downtown San Antonio and is located on State Highway 16.
- The Franchisee is in the third year of a NNN, five-year lease. There are four five-year renewal options with 10% increases at each term.
- The property is available for purchase at $540,000. Which translates to an immediate 6.89 percent cap rate return.
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,890 SF
Building Class
C
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.69 AC
Zoning
Commercial - Commercial
Parking
37 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
200’ on Zanderson Ave
Amenities
- Signage
Property Taxes
| Parcel Number | R23935 | Improvements Assessment | $343,240 |
| Land Assessment | $54,000 | Total Assessment | $397,240 |
Property Taxes
Parcel Number
R23935
Land Assessment
$54,000
Improvements Assessment
$343,240
Total Assessment
$397,240
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