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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 formed in 1998 through the merger of NationsBank and BankAmerica, while parts of the company's heritage extend back many generations. Bank of America serves individual consumers, small and middle-market businesses, large corporations, governments, and institutions with banking, investing, asset management, and risk management services. Bank of America also operates in wealth management, corporate and investment banking, and trading, with additional support for small business clients through digital and other service channels. The company maintains a broad market presence across the United States and in international markets, reflecting a business that combines retail banking, commercial banking, and institutional financial services.
| 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
