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POPULAR TEX-MEX CONCEPT | NNN GROUND LEASE 7870 Callaghan Rd 5,472 SF Retail Building San Antonio, TX 78229 $4,001,020 CAD ($731.18 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Long Term Absolute Net Ground Lease (Zero Landlord Responsibilities) featuring 2% Annual Rental Increases throughout the Initial Term and Options.
- Positioned Near Interstate 10 Providing Direct Connectivity Across San Antonio’s Primary East West Corridor and Regional Commuter Traffic Flows.
- Immediate Access to Interstate 10 and Loop 410 Providing Seamless Connectivity to Downtown San Antonio, San Antonio International Airport, and more.
- Recent Interior Renovation Completed & features a Drive Thru. Prime Location Along Callaghan Road with Strong Traffic Counts and Excellent Visibility.
- Established Concept w/ over 30 Years of Operating History - High Volume Throughput Resulting in Significant Sales Growth and Strong Customer Traffic.
- Strong Daytime Population Supported by Major Employers including South Texas Medical Center, USAA Headquarters, and Valero Energy.
Executive Summary
Chacho's w/ Dr-Thru | Long Term Absolute Net Ground Lease | 2% Annual Increases | Popular and Well- Known Local Tex-Mex Concept | High-Traffic Location Just Off I 10 | Recent Interior Renovation Completed | Adjacent to Lowe’s Home Improvement | Dense Urban Trade Area - Strong Daytime Population
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,472 SF
Building Class
B
Year Built/Renovated
1989/2023
Price
$4,001,020 CAD
Price Per SF
$731.18 CAD
Cap Rate
6.75%
NOI
$270,069 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.70 AC
Zoning
C3 - General Commercial District
Frontage
256’ on Callaghan
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Chacho's
- Retailer
- 5,472 SF
- -
- Triple Net
- Jan 2043
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Chacho's | Retailer | 5,472 SF | - | Triple Net | Jan 2043 |
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15101-000-0140 | Improvements Assessment | $618,223 CAD |
| Land Assessment | $668,963 CAD | Total Assessment | $1,287,185 CAD |
Property Taxes
Parcel Number
15101-000-0140
Land Assessment
$668,963 CAD
Improvements Assessment
$618,223 CAD
Total Assessment
$1,287,185 CAD
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POPULAR TEX-MEX CONCEPT | NNN GROUND LEASE | 7870 Callaghan Rd
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