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Walgreens 7019 S Zarzamora St 14,416 SF Retail Building San Antonio, TX 78224 $6,929,500 ($480.68/SF) 8.50% Cap Rate
Investment Highlights
- Absolute NNN Lease with Renewal Options
- Excellent Access & Visibility | Outparcel to Military Market
- Within San Antonio's Primary Retail & Commercial Corridor: 9.0 MSF Retail, 1.7 MSF Office, 6.6 MSF Industrial & 5,956 Multifamily Units within 3-Miles
- Top-Visited Location with Strong Sales
- Across from the 783,978 SF South Park Mall (Macy's, JCPenney, Dick's Sporting Goods, Fitness Connection, Old Navy, Ulta Beauty, etc.)
- San Antonio-New Braunfels, TX MSA Advantage (MSA Population: 2,73M+)
Executive Summary
CBRE is pleased to offer for sale the 14,416-square-foot Walgreens situated on 1.48 acres in San Antonio, Texas (MSA Population: 2.73M+). Walgreens’ absolute NNN lease features ±5.5 years of primary term remaining with ten, 5-year options to renew.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,416 SF
Building Class
B
Year Built
2005
Price
$6,929,500
Price Per SF
$480.68
Cap Rate
8.50%
NOI
$589,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.58 AC
Parking
69 Spaces (4.79 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 08609-000-0120 | Improvements Assessment | $1,284,620 |
| Land Assessment | $1,202,680 | Total Assessment | $2,487,300 |
Property Taxes
Parcel Number
08609-000-0120
Land Assessment
$1,202,680
Improvements Assessment
$1,284,620
Total Assessment
$2,487,300
Contacts
-
Christopher Bosworth -
Brian Pfohl -
Thomas Carr -
Ty Grenier -
Kaitlyn Wolf -
Chris Cozby -
Leah Lindell -
Abby Kelly -
CBRE, Inc.
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Presented by
Walgreens | 7019 S Zarzamora St
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