1218 Bitters Rd, San Antonio, TX 78216-8089

This exceptional investment opportunity presents a 2,975 square foot Bush's Chicken restaurant located at 1218 W Bitters Rd, San Antonio, TX 78216. The property sits on a 0.98-acre lot and benefits from a prominent location near the intersection of Blanco Rd and W Bitters Rd, boasting approximately 38,900 vehicles per day. Its convenient access to Hwy 281 (2.3 miles) and Interstate 10 (approximately 5 miles) enhances its appeal. The property is situated in a high-density area with over 234,000 people within a five-mile radius, capitalizing on San Antonio's robust population of approximately 1.5 million residents and a MSA of approximately 2.4 million. This absolute NNN lease boasts a remaining term of 12.8 years, commencing September 25, 2017, and expiring August 31, 2037. The lease includes four five-year renewal options, each with a 10% rent increase. Built in 2017, the property offers a strong 6.00% cap rate and a substantial NOI of $123,467. The asking price is $2,058,000, translating to a price per square foot of $691.76. Ten percent rent bumps occur every five years, providing consistent income growth. This is a rare opportunity to acquire a well-located, established QSR property in a thriving Texas market.