Financial Services
1119 South WW White Rd San Antonio, TX 78220
1119 South WW White Rd, San Antonio, TX, 78220
Contact for pricing
For Sale
Contact for pricing
Single-tenant storefront operated by PLS Financial Services offering check cashing, money transfers, bill pay, and related services.
Property Size2,400 SF
Price / SF$480.42
Days on Market104
Property Features for 1119 South WW White Rd
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Retail, Land
Building Details
- Year Built
- 1980
Listing agency
RESOLUT RE
(512) 474-5557
Listed by
Alan Rust · License #TX 579541
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 2:57AM Checked: Jul 21 at 2:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RESOLUT RE
Investment Insights
Based on property information with market context.
The property is a storefront operated by PLS Financial Services, Inc. PLS provides community-based financial services that start with check cashing and expand into money transfers, bill payments, debit cards, and related offerings such as vehicle services and coin counting.
The company operates under the PLS brand and is described as a customer-centric alternative to traditional banking. PLS does not offer lending products, and the business is reported to serve more than three million customers monthly.
For sale at 1119 South WW White Rd, San Antonio, TX 78220, the site is positioned for continued operation of a retail financial services format consistent with the PLS model.
The company operates under the PLS brand and is described as a customer-centric alternative to traditional banking. PLS does not offer lending products, and the business is reported to serve more than three million customers monthly.
For sale at 1119 South WW White Rd, San Antonio, TX 78220, the site is positioned for continued operation of a retail financial services format consistent with the PLS model.
Key Highlights
- Single‑tenant storefront operated by PLS Financial Services
- Year built: 1980
- Provides check cashing services
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.4k | $21.00 |
| − Vacancy | −$1.8k | −$0.74 |
| EGI | $48.6k | $20.27 |
| − OpEx | −$12.2k | −$5.07 |
| NOI | $36.5k | $15.20 |
2,400 SF · lease $21.00/SF/yr · vacancy 3.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$521.1K
$456.0K – $608.0K
NOI $36,477 @ 7.0% cap · market cap 3.16%
Second Best
Retail
$459.0K
$401.6K – $535.5K
NOI $32,127 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$612.2K
$535.7K – $714.2K
NOI $42,854 @ 7.0% cap · market cap 3.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Single-tenant storefront operated by PLS Financial Services offering check cashing, money transfers, bill pay, and related services.
Where is this bank located?
The property is located at 1119 South WW White Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $1,153,000.
What are key features of this property?
This property features: Single‑tenant storefront operated by PLS Financial Services; Year built: 1980; Provides check cashing services
