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114 SW Military Dr

San Antonio, TX 78221

$3,885,000

Freestanding For Sale  •  38,850 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 38,850 Sq Ft
  • Lot Size 2.56 ac
  • Building Class B
  • Year Built 1975
  • Tenancy Multiple
  • Zoning I-1
43 Transit Score
72 Walk Score

Description

138 SW Military Dr. (Walgreens) Land with Ground Lease to an intermediary tenant with a lease to Walgreens. Building is ± 14,000 SF. This is an opportunity to acquire an investment grade asset until 2060, with a rare 10% increase every 10-years starting 01/2020 at a very low price point. Lot size is ± 1.46 AC. Absolute NNN with a cap rate of 5%. 
Price: $2,530,000.00.

This Walgreens/Shopping Center portfolio is located at the southwest corner of SW Military & South Flores on the south side of San Antonio. It is approximately two miles east of IH-35. Total land size is approximately 4.5 Acres. Zoning is I-1 (City of San Antonio). Please contact broker for further information.

Highlights

Located at a highly visible signalized intersection w/high traffic counts
Total land size is 4.5 Acres
Please contact broker for further information

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 14,046 SF 12/31/2057

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
San Antonio International Airport 22 min - 14.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 90
Type: Surface
Included in Rent: Yes
Gilles Ghez 210-222-2424 DH Realty Partners, Inc.
Gilles Ghez 210-222-2424 DH Realty Partners, Inc.