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Bank of America | Recent 10yr Extension 5201 Broadway St 17,633 SF Retail Building San Antonio, TX 78209 $5,600,000 ($317.59/SF) 6.25% 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
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- Finance and Insurance
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99,999 SF
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Lorem Ipsum
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Jan 0000
Bank of America was founded in 1904 as the Bank of Italy in San Francisco and later became Bank of America through expansion and a merger that shaped the modern firm. The company offers consumer banking, credit cards, auto loans, mortgage and home equity products, along with small business, commercial banking, and corporate and investment banking services. Bank of America also provides wealth management through Merrill and Bank of America Private Bank, serving individual consumers, businesses, institutions, and clients with financial and risk management needs. The firm maintains a broad market presence across the United States and internationally through its banking, markets, and advisory businesses.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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|
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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