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Bank of America | Recent 10yr Extension 5201 Broadway St 17,633 SF Retail Building San Antonio, TX 78209 $5,833,000 ($330.80/SF) 6% Cap Rate
Investment Highlights
- Recent 10-Year Extension | Investment Grade Tenant | Scheduled Rental Increases | $185M in Bank Deposits
- Excellent Visibility | State Highway 368 | U.S. Highway 281
- NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In Trade Area
Executive Summary
• 10 years remaining with 3 (5-year) option periods to extend
• Lease features a 7.14% rental increase in January 2031, increasing NOI and hedging against inflation
• High-Volume Branch: over $185 million in deposits at this location
Property Facts
Amenities
- Banking
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
-
99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving many million consumer and small business clients with retail financial centers, approximately ATMs (automated teller machines) and award-winning digital banking with millions verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 04024-032-0160 | Improvements Assessment | $8,310 |
| Land Assessment | $2,598,800 | Total Assessment | $2,607,110 |
Property Taxes
Presented by
Bank of America | Recent 10yr Extension | 5201 Broadway St
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