5803 Babcock Road, San Antonio, TX 78240
Partially occupied by LA Fitness with adjacent vacant space and NNN reimbursements in place until leasing occurs.
Property Features for 5803 Babcock Road
General Information
Additional Details
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Investment Insights
Based on property information with market context.
The property is located at the intersection of Huebner Road and Babcock Road. Just north of the intersection and across Babcock is a new HEB grocery store that relocated from the LA Fitness location to expand its footprint to over 90,000 square feet. The intersection is described as one of northwest San Antonio’s highest trafficked locations, with over 77,000 cars per day combined traffic counts.
For the investment lease structure described in the offering, the asset is presented as a modified triple net lease with nearly 700 locations for LA Fitness’ operator. The highlights also note three five-year options remaining.
Key Highlights
- 60,977 SF building on 5.14 acres (224,116 SF), partially occupied by a 44,360 SF LA Fitness
- LA Fitness lease has just under 15 years remaining on the initial term (14 years remaining on a 15‑year modified NNN lease)
- Tenant reimburses/NNN expenses are covered by LA Fitness until the vacancy is leased or the fifth anniversary of the effective date
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 78240, TX
Market
Vacancy Rate% for Retail in San Antonio, TX