Whataburger NNN Investment
For Sale
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4646 W Commerce St, San Antonio, TX 78237
Single-tenant NNN property with Whataburger corporate lease and rental increases.
Property Size2,758 SF
Lot Size0.61 Acres
Price / SF$2,886
Days on Market194
Property Features for 4646 W Commerce St
General Information
Standard status
Active
Size
2,758 SF
Total Parking Spaces
27
Lot size
0.61 Acres
Property subtype
Retail
Zoning
C-3R
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$497,318
Building Details
Year Built
1976
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners SAN ANTONIO
(480) 221-4221
Listed By:
Webb Sellers · License #TX 589055
Source:
Crexi
Added: Jan 30
Changed: Aug 8
Last Checked: Aug 12 at 10:45AM
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 SRS Real Estate Partners SAN ANTONIO
Investment Insights
Based on property information with market context.
Located at 4646 W Commerce Street in San Antonio, Texas, this single-tenant absolute NNN property is an investment opportunity with over 8 years remaining on the lease, scheduled rental increases, and options to extend. The corporate lease is with Whataburger Restaurants, LLC. The property features a 6.00% cap rate and $497,318 in net operating income. The property size is 2,758 SF on approximately 0.61 acres. The tenant is responsible for all expenses. Situated at a signalized, hard corner intersection averaging over 50,200 vehicles daily, the property has high visibility and synergy from nearby retailers like Planet Fitness, Ross, and Walgreens in the Crosstowne Mercado. The location benefits from a strong demographic base of over 320,500 residents and 186,000 employees within the 5-mile trade area.
Key Highlights
- Absolute NNN lease with Whataburger Restaurants, LLC, providing a passive investment opportunity.
- Over 8 years remaining on the lease with scheduled rental increases and options to extend.
- 6.00% cap rate and $497,318 net operating income.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
Explore this area
Business Placement
Demographics for 78237, TX
36,019
Population
12,998
Households
2.8
Avg Household Size
35
Median Age
6%
College-Educated
64%
High-School Grad
7.1 sq mi
ZIP Area
5,073
Density / Sq Mi
$40,233
Median Household Income
$27,038
Median Earnings
$987
Median Rent
$103,000
Median Home Value
Market
Vacancy Rate% for Retail in San Antonio, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Single-tenant NNN property with Whataburger corporate lease and rental increases.
Where is this drive through restaurant located?
The property is located at 4646 W Commerce St San Antonio, TX.
What is the asking price?
The asking price for this property is $7,960,000.
What are key features of this property?
This property features: Absolute NNN lease with Whataburger Restaurants, LLC, providing a passive investment opportunity.; Over 8 years remaining on the lease with scheduled rental increases and options to extend.; 6.00% cap rate and $497,318 net operating income.**
