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716 Roy Richard Dr
Schertz, TX 78154
Spec's Liquor · Retail Property For Sale
Investment Highlights
- Brand new 15-year corporate lease commenced in May 2026, allowing a new investor to capitalize on nearly the entire lease term
- The area within a 3-mile radius of the Property boasts an average household income exceeding $125,000 annually.
- Located 20 minutes from Downtown, the area within a 5-mile radius of Spec’s is home to more than 134,000 residents, a 43% increase since 2010.
- The Property benefits from scarcity as the nearest Spec’s location is approximately 20 minutes away.
- Spec’s has grown to more than 5,000 employees and 220 locations throughout the state, boasting more than $2 billion in annual revenue.
- Proximity to JBSA Randolph Air Force Base which is home to 4,000 military members; 5,000 dependents; and 5,000 DOD.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,300 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Construction Status
Under Construction
Price
$6,703,704
Price Per SF
$545.02
Cap Rate
5.40%
NOI
$362,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.38 AC
Frontage
169’ on Roy Richard Drive
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 1G0292-0001-00100-0-00 | Improvements Assessment | $0 |
| Land Assessment | $591,485 | Total Assessment | $591,485 |
Property Taxes
Parcel Number
1G0292-0001-00100-0-00
Land Assessment
$591,485
Improvements Assessment
$0
Total Assessment
$591,485
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