Turnkey Restaurant and Bakery
For Sale
Contact for pricing
Pending
2275 Old Pleasanton Rd, San Antonio, TX 78264
Restaurant and bakery in prime location with steady traffic.
Property Size1,068 SF
Days on Market945
Property Features for 2275 Old Pleasanton Rd
General Information
Standard status
Pending
Size
1,068 SF
Class
C
Total Parking Spaces
40
Property subtype
Hospitality, Mixed Use, Retail, Special Purpose
Investment Type
Owner/User
Net Operating Income
$77,000
Building Details
Year Built
1974
Buildings
3
Stories
1
Units
1
Listing Agency:
Noble Roads Realty
(956) 763-1762
Listed By:
Jennifer Hamilton · License #650008
Source:
Crexi
Added: Jan 10, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:03AM
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 Noble Roads Realty
Investment Insights
Based on property information with market context.
This restaurant and bakery offers an opportunity to establish a business in a location with steady traffic. The turnkey establishment is suited for serving the growing community of new homeowners in the burgeoning developments of South San Antonio. The location offers potential for profit from both cuisine and baked goods. Ample parking is available for customers. Outdoor events are possible under open skies, including wedding ceremonies, music venues, and nighttime gatherings. The property size is 1068 square feet.
Key Highlights
- Turnkey restaurant and bakery ready for immediate operation.
- Prime location with steady traffic.
- Established success serving new homeowners in South San Antonio.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,232
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$324,640
$324.6K
Cap Rate 7%
$231,886
$231.9K
Cap Rate 9%
$180,356
$180.4K
Market Conditions
NOI Build-Up for 1,068 SF
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.
Gross rent
$22.4K $21.00/SF
− Vacancy
−$785 −$0.74/SF
EGI
$21.6K $20.27/SF
− OpEx
−$5.4K −$5.07/SF
NOI
$16.2K $15.20/SF
Area
San Antonio, TX
Vacancy
3.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$324,640
Cap Rate 7%
$231,886
Cap Rate 9%
$180,356
Alternative Uses
Best Use
Specialty Retail
$231.9K
$202.9K – $270.5K
NOI $16,232 @ 7.0% cap · market cap 6.49%
Second Best
Retail
$204.2K
$178.7K – $238.3K
NOI $14,297 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$272.4K
$238.4K – $317.8K
NOI $19,070 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78264, TX
14,705
Population
4,465
Households
3.3
Avg Household Size
35
Median Age
13%
College-Educated
76%
High-School Grad
70.7 sq mi
ZIP Area
208
Density / Sq Mi
$60,245
Median Household Income
$32,732
Median Earnings
$1,381
Median Rent
$134,300
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?
Restaurant - Restaurant and bakery in prime location with steady traffic.
Where is this restaurant located?
The property is located at 2275 Old Pleasanton Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Turnkey restaurant and bakery ready for immediate operation.; Prime location with steady traffic.; Established success serving new homeowners in South San Antonio.
