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13939 Nacogdoches Rd San Antonio, TX 78217

Sponsored
For Sale
$4,100,000

High-Yield Bank Investment, San Antonio

Property size:
3,500 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a freestanding Class A Chase Bank branch located at 13939 Nacogdoches Rd, San Antonio, TX 78217. The property boasts a 3,500 square foot building on a 29,179 square foot lot, situated on a hard corner with high visibility. Benefiting from a strong location, it's an outparcel adjacent to an HEB, Walgreens, and McDonald's, ensuring high traffic and excellent brand recognition. The property is currently under a Net Lease (NN) with Chase Bank, a highly creditworthy tenant, with a lease commencement date of September 9, 2009, and an expiration date of December 31, 2029, leaving a remaining lease term of approximately 5.1 years. The current Net Operating Income (NOI) is $250,000, yielding a 6.10% capitalization rate. The tenant recently exercised a 5-year option without rent reduction, demonstrating confidence in the location and the strength of the lease. The building, constructed in 2008, is zoned C-3. This single-story building offers a compelling investment opportunity due to its strong tenant, favorable lease terms, and prime location in a high-traffic area. The investment benefits from the building lease (not a ground lease) allowing for depreciation expense, and the tax advantages of being located in Texas, an income tax-free state. The asking price is $4,100,000, representing a price per square foot of $1,171.43. This is a rare opportunity to acquire a high-quality, net-leased property with a strong tenant and significant upside potential.

Property Features for 13939 Nacogdoches Rd

General Information

Property type
Individual retail properties
Square Feet
3,500 SF
Class
A

Building Details

Year Built
2008
Buildings
1
Stories
1

HighLights

  • Class A Chase Bank branch, 3,500 SF building on 29,179 SF lot, San Antonio, TX.
  • High‑visibility hard corner outparcel adjacent to HEB, Walgreens, and McDonald's.
  • Net lease (NN) with Chase Bank; lease expires December 31, 2029 (approx. 5.1 years remaining).
  • $4,100,000 asking price ($1,171.43/SF); $250,000 NOI, 6.10% cap rate.
  • Building lease allows for depreciation expense; Texas income tax advantages.
Property Profile Location Intelligence

Current Use by Public Records

Chase Mortgage Mortgage Lender Chase Bank Bank Chase ATM Atm

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Antonio
County
Bexar
State
Texas
Longitude
-98.3853236
Latitude
29.5683786

FAQs

What type of property is this?
Individual retail property - High-Yield Bank Investment, San Antonio
Where is this individual retail property located?
The property is located at 13939 Nacogdoches Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Class A Chase Bank branch, 3,500 SF building on 29,179 SF lot, San Antonio, TX.; High-visibility hard corner outparcel adjacent to HEB, Walgreens, and McDonald's.; Net lease (NN) with Chase Bank; lease expires December 31, 2029 (approx. 5.1 years remaining).
More about this property
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