11018 Westwood Loop San Antonio, TX 78253-6340
- Drive through restaurants
- 3,902 SF
- 1.10 lot acres
Current Use by Public Records
- Kneaders Bakery & Cafe / Cafe
Property Details for 11018 Westwood Loop
- Year built
- 2016
- Lot size
- 1.10 lot acres
- Property size
- 3,902 SF
- Property type
- 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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $500,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $686,000
Market price range: $310k - $728k -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $545,000 Current use
- AUTO REPAIR, GARAGE
- $465,000 Change: -15% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.7097
- Latitude
- 29.4949
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA