11018 Westwood LoopSan Antonio, TX 78253

  • Retail properties
  • 3,902 SF
For Sale
$3,120,000 View listing

Property Details for 11018 Westwood Loop

Year built
2016
Lot size
1.10 AC
Property size (Sq ft)
3,902 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
18299-002-0290
APU
182990020290

Description

This exceptional investment opportunity presents a thriving Kneaders Bakery & Cafe located at 11018 Westwood Loop, San Antonio, Texas 78253. The property boasts a 3,902 square foot building on a 1.096-acre lot, constructed in 2016. Currently operating under a corporate, absolute NNN lease with Kneaders, a rapidly growing 56-unit operator, the lease commenced September 12, 2016, and extends until August 31, 2031, providing long-term stability. The asking price is $3,120,000, representing a compelling 5.50% cap rate based on a current Net Operating Income (NOI) of $171,600. The property benefits from a prime location in a dense retail corridor along Culebra Road, experiencing over 40,000 vehicles per day, ensuring high visibility and accessibility. A scheduled 10% rent increase in 2026 further enhances the investment's return. The area enjoys significant foot traffic due to its proximity to SeaWorld and benefits from substantial population growth, increasing by 35% since 2014 and projected to continue growing annually by 1.70%. The property's strategic location is complemented by a strong tenant mix, including national retailers such as Target, Lowe's, HEB, Chick-fil-A, In-N-Out, Raising Cane's, Wendy's, Hobby Lobby, Home Depot, and Walmart. This is a truly exceptional opportunity to acquire a high-performing, low-maintenance investment property in a rapidly growing market. 100% occupancy ensures immediate cash flow.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,066,192
    6.5%
    $984,177
    7%
    $913,879
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,234,755
    Geo Method
    $2,234,755
  • Alternative Use

    Use
    Valuation
    Residential
    $830,190
    Hospitality
    $760,450
    Educational
    $632,685
    Medical
    $654,444
    Retail
    $984,177
11018 Westwood Loop, San Antonio, Texas
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Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4949
Longitude
-98.7097
CBSA code
41700
CBSA name
SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$77,668
$951,490
$2,430,260
$3,381,750
-
$951,490
$2,430,260
$3,381,750

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