Raising Cane’s | GL

Subject Property

San Antonio, TX

Price: $3,348,000
Cap Rate: 4.75%
NOI: $159,000
Building Size: Approx. 2,796 Sq. Ft.
Lot Size: Approx. 0.58 Acres
Status: Available
Sub Category: QSR
Year Built: 2018

Investment Overview

  • 2018 Construction. 2,796+/- SF Building on .58+/- Acre Site
  • New 15 Year Corporate Ground Lease w/ Multiple Options
  • Located along Military Dr (45K VPD) & Zarzamora St (26K VPD)
  • Adjacent to H-E-B & South Park Mall (790K S.F), NW of I-35 (110K VPD)
  • Proximity to 13 different schools w/ approximately 10,393 Enrolled Students
  • Near Lackland & Kelly Air Force Base & Family Homes (9,918 Residents)
  • Employers: Lackland Air Force (37K Emp) | H-E-B (20K Emp) | USAA (17K Emp)
  • San Antonio is experiencing the country’s largest Population Boom – Forbes
  • Ranked #1 in America’s Friendlies City & Best Place to Live (Travel + Leisure)
  • 3-Mile Radius: Est Population: 146,786 | Average Household Income: $75,327
  • Greater San Antonio (MSA) | Expected to grow at least 20% | Population: 2.4M