13250 Nacogdoches RdSan Antonio, TX 78217

Property Details for 13250 Nacogdoches Rd

Year built

1988

Lot size

1.35 AC

Property size (Sq ft)

15,376 SF

Property type

Retail properties

Property subtype

Auto shops

APN

15864-001-0170

APU

158640010170

Description

This exceptional investment opportunity presents a 15,376 square foot, Class B, multi-tenant retail center in San Antonio, Texas. Located at 13250 Nacogdoches Rd, in Bexar County, zip code 78217, this property boasts a strong 9.98% cap rate and a substantial NOI of $239,633. The property, built in 1988 and extensively renovated in 2023, sits on a 58,632 square foot lot and is zoned C-3R. Currently 100% occupied by two tenants, the property features a modified gross lease structure. One tenant, an established event center, recently signed a new three-year lease, demonstrating strong tenant commitment and stability. The second tenant, a vape and smoke shop, is in the second year of a three-year lease. This stabilized investment offers a compelling return on investment with a low price per square foot of $156.09 and an asking price of $2,400,000. The property's strong tenant mix, favorable lease terms, and recent renovations make it an attractive addition to any portfolio. The single-story building offers 15,376 square feet of net rentable space. This is a turnkey operation with a proven track record of success. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $4,242,263

  6.5%

  $3,915,935

  7%

  $3,636,225

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,806,149

  Geo Method

  $8,806,149

• Alternative Use

  Use

  Valuation

  Residential

  $3,303,238

  Hospitality

  $3,025,748

  Educational

  $2,517,387

  Medical

  $2,603,964

  Retail

  $3,915,935

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.5617

Longitude

-98.3923

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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