7900 Old Tezel Rd San Antonio, TX 78250-3016

Property Details for 7900 Old Tezel Rd

Year built

2001

Lot size

2.62 lot acres

Property size

1,950 SF

Property type

Day care centers

APN

18308-001-0040

APU

183080010040

Description

This exceptional investment opportunity presents a fee-simple, 12,214 square foot, dual-building daycare center in San Antonio, Texas, operating as "The Nest Schools." The property, built in 2007 and extensively renovated in 2024, sits on a 2.19-acre lot and boasts 100% occupancy under a corporate, absolute NNN lease with 13.8 years remaining. The lease features 2.5% annual rent bumps and 10% increases every five years, providing significant long-term growth potential. The tenant, The Nest Schools, is a rapidly expanding national chain with over 50 existing locations and plans for significant future growth. Over $3 million in tenant improvements were recently completed, including a new 7,872 square foot expansion building and a new playground. The property enjoys a prime location near major retailers like Walmart and CVS, within a densely populated area with an average household income exceeding $114,000 within a one-mile radius and a population exceeding 327,000 within five miles. The property's strong financials include a 6.75% cap rate and a net operating income (NOI) of $464,297. The asking price is $6,878,474, representing a price per square foot of $563.16. Lease options for 4 and 5 years are available. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a thriving market. The property benefits from its proximity to six elementary schools within a two-mile radius, further solidifying its strategic location and consistent demand. The property is located at 7900 Old Tezel Rd, San Antonio, TX 78250.

Location Insight

City

San Antonio

County

Bexar

State

Texas

Longitude

-98.6606

Latitude

29.5152

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments