Freestanding For Sale
38,850 Sq Ft
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%.
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.