Absolute NNN Retail
5902 Medina Base Rd San Antonio, TX 78242
For Sale
Contact for pricing
Family Dollar retail property offered for sale with an Absolute Triple Net lease and limited landlord responsibilities.
Property Size8,320 SF
Price / SF$172.62
Days on Market115
Property Features for 5902 Medina Base Rd
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing Agency:
Sands Investment Group Austin
Listed By:
Cayson Willeford · License #796321
Source:
Crexi
Added: Mar 31
Changed: Jul 23
Last Checked: Jul 23 at 12:58AM
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 Sands Investment Group Austin
Investment Insights
Based on property information with market context.
Sands Investment Group is pleased to present for sale a Family Dollar retail property. The asset comprises 8,320 SF and is subject to an Absolute Triple Net (NNN) lease structure with approximately six years remaining.
The lease is described as having zero landlord responsibilities. It also includes a 10% rent increase in April 2027 and again every five years during the option periods.
Located at 5902 Medina Base Rd in San Antonio, TX 78242, the property is being offered for sale as a passive investment tied to the existing leased use under the Absolute NNN arrangement.
The lease is described as having zero landlord responsibilities. It also includes a 10% rent increase in April 2027 and again every five years during the option periods.
Located at 5902 Medina Base Rd in San Antonio, TX 78242, the property is being offered for sale as a passive investment tied to the existing leased use under the Absolute NNN arrangement.
Key Highlights
- 8,320 SF Family Dollar retail property at 5902 Medina Base Road, San Antonio, TX
- Built in 2016
- Absolute Triple Net (NNN) lease with limited landlord responsibilities
Financial Insights For 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 | $165.7k | $19.92 |
| − Vacancy | −$6.6k | −$0.80 |
| EGI | $159.1k | $19.12 |
| − OpEx | −$47.7k | −$5.74 |
| NOI | $111.4k | $13.39 |
8,320 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.59M
$1.39M – $1.86M
NOI $111,374 @ 7.0% cap · market cap 7.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,560 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
FAQs
What type of property is this?
Storefront property - Family Dollar retail property offered for sale with an Absolute Triple Net lease and limited landlord responsibilities.
Where is this storefront property located?
The property is located at 5902 Medina Base Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $1,436,173.
What are key features of this property?
This property features: 8,320 SF Family Dollar retail property at 5902 Medina Base Road, San Antonio, TX; Built in 2016; Absolute Triple Net (NNN) lease with limited landlord responsibilities
