6126 Montgomery Dr San Antonio, TX 78239
- Retail properties
- 8,000 SF
Current Use by Public Records
- Retail properties
Property Details for 6126 Montgomery Dr
- Year built
- 1971
- Property size
- 8,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This 8,000 sq ft San Antonio retail center offers a compelling investment opportunity. Located at 6126 Montgomery Dr, 78239, this single-story, 1971-built property underwent renovations in 2021-2022. Currently boasting 100% occupancy with five tenants (four long-term, one recent), including a restaurant and religious institutions, it generates a strong NOI of $79,311, representing a 7% cap rate. The property features 25 parking spaces and sits on a 1.863 sq ft lot zoned C-2, offering significant expansion potential. The NNN lease structure minimizes landlord responsibilities, with tenants covering HVAC, plumbing, and electrical within their spaces. The owner maintains structural and roof upkeep. This multi-tenant retail investment presents a rare chance to acquire a below-market-value property with a stable income stream and significant upside potential. The sale includes two lots, allowing for future development. Flexible financing options are available. This property is a prime example of a strong, diversified, and low-maintenance investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.3676
- Latitude
- 29.511