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Inferno's Pizza (San Antonio MSA) 1540 River Rd 4,460 SF Retail Building Boerne, TX 78006 $3,277,584 CAD ($734.88 CAD/SF) 7.25% Cap Rate
Investment Highlights
- New 10-Year Absolute Net Lease With 10 Percent Rent Increases Every Five Years
- Affluent Trade Area With $156,867 Average Household Income and Strong Population Growth (5-Mile Radius)
- Directly Across From Champion High School With 2,071 Students and Expansion to 120 Percent Capacity
- Excellent Access and Visibility On River Road (TX-46) With 26,373 VPD
- Modern Construction — 4,400 SF Freestanding Building Built in 2016
- Surrounding Area Experiencing Significant Residential and Infrastructure Expansion Across Boerne Corridor
Executive Summary
Offered for sale is an absolute net leased Inferno’s Pizza located in Boerne, Texas. The asset features a new 10-year lease with 10 percent rent increases every five years, providing contractual income growth with zero landlord responsibilities. The property includes a 4,460-square-foot freestanding building built in 2016 with excellent access and visibility along River Road (TX-46) with 26,373 VPD. The surrounding trade area reports a $156,867 average household income with continued population growth and is positioned near active residential and commercial development.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,460 SF
Building Class
B
Year Built
2016
Price
$3,277,584 CAD
Price Per SF
$734.88 CAD
Cap Rate
7.25%
NOI
$237,625 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.95 AC
Zoning
C2 - Transitional Commercial
Frontage
174’ on River Rd/ hwy 46
Amenities
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 296231 | Improvements Assessment | $1,287,311 CAD |
| Land Assessment | $578,097 CAD | Total Assessment | $1,865,407 CAD |
Property Taxes
Parcel Number
296231
Land Assessment
$578,097 CAD
Improvements Assessment
$1,287,311 CAD
Total Assessment
$1,865,407 CAD
Contacts
-
Vincent Knipp -
Luke Sullivan -
Ryan Wolf -
Knipp Wolf Net Lease Group | Marcus & Millichap
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Inferno's Pizza (San Antonio MSA) | 1540 River Rd
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