5552 Loop St San Antonio, TX 78238
- Retail properties
- 6,521 SF
Current Use by Public Records
- Chick-fil-A / Caterer / Breakfast Restaurant
Property Details for 5552 Loop St
- Year built
- 2024
- Property size
- 6,521 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a ground lease interest in a newly constructed (2024), 6,521 square foot Chick-fil-A restaurant located at 5552 Northwest Loop 410, San Antonio, Texas 78238. The property boasts a prime location on a major thoroughfare, NW Loop 410, experiencing nearly 250,000 vehicles daily. This high-traffic area benefits from proximity to significant retail anchors including Home Depot, Sam's Club (the 5th busiest in the nation with over 3.2 million annual visits), and Walmart. Furthermore, the property is strategically situated near substantial residential development, including multiple multifamily buildings totaling over 1,500 units, and is only three miles from the Methodist Healthcare Campus, a large medical facility. The absolute NNN lease with Chick-fil-A, a leading QSR brand with over 3,000 locations and $21.6 billion in systemwide sales in 2023, offers a corporate guarantee and a remaining term of 19 years. The lease includes 10% rent bumps every five years and ten five-year renewal options, providing a strong hedge against inflation. The current Net Operating Income (NOI) is $147,500, resulting in a 4.10% cap rate. The asking price for this exceptional investment is $3,600,000. This property offers a compelling combination of a strong tenant, a prime location, and a long-term lease, making it an attractive addition to any investment portfolio. The property is situated in Bexar County, within a 5-mile radius of approximately 406,000 residents.
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
- -98.5936
- Latitude
- 29.4841
