• Walgreens - 138 SW Military Dr, San Antonio, TX 78221

For Sale

Retail

For Sale

This property is available for sale
0.32
Acres
$1,650,000
Sale Price
  • Overview

    This Walgreens is located at 138 SW Military Dr., San Antonio, Texas. The subject property is less than 10 miles south of downtown San Antonio.

    San Antonio is the ideal environment for businesses of all sizes. Not only does the city boast a pro-business environment, decreasing costs through incentives and industrial policies, but San Antonio also offers a low-cost utility portfolio including renewable energy options. It maintains a skilled workforce bursting with vitality, built of professionals younger than the U.S. national average age.  These key factors and so many more have provided uniquely beneficial circumstances for companies to include Petco, Oracle, Microsoft, Medtronic, HEB, Whataburger, Toyota Motor Manufacturing Texas and many more.

    Leasehold Interest in Walgreens located in San Antonio, TX
    Price: $1,650,000
    NOI: $162,500
    CAP Rate: 9.85%
    Year Built: 1999
    Lease Type: Double Net (NN)
    Remaining Term: 12.25 Years
    Lease Commence: January 1, 2020
    Lease Expiration: December 31, 2029
    Options: Six (6) Five-Year Options

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Property Details

This Walgreens is located at 138 SW Military Dr., San Antonio, Texas. The subject property is less than 10 miles south of downtown San Antonio.

San Antonio is the ideal environment for businesses of all sizes. Not only does the city boast a pro-business environment, decreasing costs through incentives and industrial policies, but San Antonio also offers a low-cost utility portfolio including renewable energy options. It maintains a skilled workforce bursting with vitality, built of professionals younger than the U.S. national average age.  These key factors and so many more have provided uniquely beneficial circumstances for companies to include Petco, Oracle, Microsoft, Medtronic, HEB, Whataburger, Toyota Motor Manufacturing Texas and many more.

Leasehold Interest in Walgreens located in San Antonio, TX
Price: $1,650,000
NOI: $162,500
CAP Rate: 9.85%
Year Built: 1999
Lease Type: Double Net (NN)
Remaining Term: 12.25 Years
Lease Commence: January 1, 2020
Lease Expiration: December 31, 2029
Options: Six (6) Five-Year Options

  • Property Type
    Retail
  • Submarket
  • Sale Price
    $1,650,000
  • Total Acres
    0.32
  • Cap Rate
    10.0%
  • Will build to suit
    No
  • Sewer
    No
  • Corner lot
    No
  • Property ID
    1979367

Landlord's Sales Representative

  • Edward Benton
    Colliers | Houston