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Walgreens (Subleased to Popshelf) 4351 Thousand Oaks Dr 12,197 SF Retail Building San Antonio, TX 78217 $6,178,950 CAD ($506.60 CAD/SF) 8.80% Cap Rate
Investment Highlights
- Signalized, Hard Corner Intersection | High Traffic Area | Excellent Visibility & Access | Drive-Thru Equipped
- Outparcel to Walmart Supercenter | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• The Walgreens is currently subleased to pOpshelf and has over 2 years of term remaining
• The asset is located at the signalized hard corner intersection of Thousand Oaks Dr and Nagodoches Rd, providing the site with excellent visibility and frontage on two major thoroughfares
• Thousand Oaks Dr and Nagodoches Rd combine to average over 59,900 vehicles passing by daily, increasing consumer exposure to the site
• The asset is located at the signalized hard corner intersection of Thousand Oaks Dr and Nagodoches Rd, providing the site with excellent visibility and frontage on two major thoroughfares
• Thousand Oaks Dr and Nagodoches Rd combine to average over 59,900 vehicles passing by daily, increasing consumer exposure to the site
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,197 SF
Building Class
C
Year Built
2003
Price
$6,178,950 CAD
Price Per SF
$506.60 CAD
Cap Rate
8.80%
NOI
$543,748 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.32 AC
Zoning
C3 - General Commercial District
Parking
54 Spaces (4.43 Spaces per 1,000 SF Leased)
Frontage
198’ on Nacogdoches Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15689-000-0190 | Improvements Assessment | $2,203,633 CAD |
| Land Assessment | $1,618,881 CAD | Total Assessment | $3,822,514 CAD |
Property Taxes
Parcel Number
15689-000-0190
Land Assessment
$1,618,881 CAD
Improvements Assessment
$2,203,633 CAD
Total Assessment
$3,822,514 CAD
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Walgreens (Subleased to Popshelf) | 4351 Thousand Oaks Dr
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