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Verizon & the Vitamin Shoppe | 100% Occupied 2350 SW Military Dr 6,000 SF 100% Leased Retail Building San Antonio, TX 78224 $3,725,019 CAD ($620.84 CAD/SF) 6.75% Cap Rate
Investment Highlights
- 100% Occupied 2-Tenant Pad
- South Park Mall (783,000+ SF) | Dense Retail Corridor
- NN Leases | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
(formerly Cello Partnership, now Verizon Wireless) has exercised both of its 5-year renewal options, extending its lease through 2025. The Vitamin Shoppe has also exercised its 5-year renewal option, extending its lease through 2028, with two additional 5-year options to extend. Both leases are structured as NN with tenants reimbursing for taxes, insurance, and CAM, leaving the landlord with minimal responsibilities. This creates an ideal, low-management investment opportunity for a passive investor seeking stable cash flow from nationally recognized tenants.
Property Facts
Amenities
- Freeway Visibility
- Signage
- Monument Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
Founded in 1977, The Vitamin Shoppe is a privately held specialty retailer headquartered in Secaucus, New Jersey. The company offers a wide range of nutritional products including vitamins, minerals, sports nutrition, herbs, and natural beauty items. It operates through both physical retail stores and a robust e-commerce platform. The Vitamin Shoppe was acquired by Kingswood Capital Management and Performance Investment Partners in May 2025. As of 2025, the company maintains over 670 store locations across the United States. The Vitamin Shoppe is known for its proprietary brands such as BodyTech, plnt, and Vthrive, and emphasizes rigorous quality assurance across its product lines.
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- Information
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
Verizon Communications originated in 1983 as Bell Atlantic after the AT&T breakup. The company merged with GTE in 2000, forming Verizon Communications. Today, it operates consumer services like wireless networks and Fios fiber-optic internet and TV. Its business segment provides networking, cloud solutions, and security services. Verizon remains one of the largest telecommunications providers in the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
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Information | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 12328-000-0028 | Improvements Assessment | $65,901,622 CAD |
| Land Assessment | $20,233,748 CAD | Total Assessment | $86,135,370 CAD |
Property Taxes
Presented by
Verizon & the Vitamin Shoppe | 100% Occupied | 2350 SW Military Dr
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