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Retail Absolute Net Lease Opportunity
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24129 Boerne Stage Rd, San Antonio, TX 78255

Long-term absolute net leased retail property featuring 1.5% annual increases and 100% bonus depreciation.

Property SizeContact for details
Days on Market175

Property Features for 24129 Boerne Stage Rd

General Information

Standard status Active
Property subtype RETAIL

Site & Location

Neighborhood Leon Springs
Highway Access Yes
Listing Agency: Marcus & Millichap | San Diego
Listed By: Alvin N. Mansour · License #(S):CA:01391653,TX:0606255
Source: Moodyscre
Added: May 12 Changed: Oct 25 Last Checked: Nov 1 at 9:25AM

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 Marcus & Millichap | San Diego

Rey
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Investment Insights

Based on property information with market context.

This retail property is offered with a 20-year absolute net lease structure. The lease includes 1.5% annual increases, and the presentation notes 100% bonus depreciation.

The asset is located on Boerne Stage Rd in San Antonio, positioned along the I-10 corridor, in an area described as northwest San Antonio growth.

The surrounding trade area is described as affluent, with an average household income of $162k+.

Key Highlights

  • 20‑year absolute net lease retail property
  • 1.5% annual increases on the lease
  • 100% bonus depreciation

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Leon Springs Express ... Car Wash

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby

Demographics for 78255, TX

17,775
Population
6,568
Households
2.7
Avg Household Size
39
Median Age
61%
College-Educated
95%
High-School Grad
17.9 sq mi
ZIP Area
993
Density / Sq Mi
$151,673
Median Household Income
$70,911
Median Earnings
$1,772
Median Rent
$490,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in San Antonio, TX

6.9% 2019
7.6% 2020
6.7% 2021
5.3% 2022
5.3% 2023
5.9% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Long-term absolute net leased retail property featuring 1.5% annual increases and 100% bonus depreciation.
Where is this retail space located?
The property is located at 24129 Boerne Stage Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $7,107,343.
What are key features of this property?
This property features: 20‑year absolute net lease retail property; 1.5% annual increases on the lease; 100% bonus depreciation
(858) 373-3184 Call to check price and availability
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