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11860 Blanco Rd
San Antonio, TX 78216
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Strong regional operator with a long-standing brand presence in Texas
  • Stable, Predictable Cash Flow
  • Prime North San Antonio Location on Blanco Road

EXECUTIVE SUMMARY

Freestanding Las Palapas restaurant located on high-traffic Blanco Road in North San Antonio
Strong regional operator with a long-standing brand presence in Texas
NNN lease structure (tenant responsible for taxes, insurance, and maintenance)
Long-term lease in place, providing stable and predictable cash flow
Excellent visibility, access, and signage along a major commercial corridor
Surrounded by dense residential neighborhoods and strong retail traffic drivers
Ideal for 1031 exchange buyers, private investors, and long-term hold strategies
Opportunity to acquire a single-tenant, passive investment with minimal landlord responsibilities

PROPERTY FACTS

Sale Type
Investment NNN
Sale Conditions
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,314 SF
Building Class
B
Year Built
1989
Price
$3,891,972 CAD
Price Per SF
$1,681.92 CAD
Cap Rate
6%
NOI
$233,518 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.43 AC
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
177’ on Blanco Road

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16249-006-0230
Land Assessment
$428,818 CAD
Improvements Assessment
$635,318 CAD
Total Assessment
$1,064,136 CAD
  • Listing ID: 39125514

  • Date on Market: 2026-01-17

  • Last Updated:

  • Address: 11860 Blanco Rd, San Antonio, TX 78216

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