16101 San Pedro Ave Hollywood Park, TX 78232-3044
Property profile & analytics
16101 San Pedro Ave Hollywood Park, TX 78232-3044
- Drive through restaurants
- 1,948 SF
- 0.77 lot acres
Property ID
US82-7901881
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Drive through restaurants
Property Details for 16101 San Pedro Ave
- Year built
- 2016
- Lot size
- 0.77 lot acres
- Property size
- 1,948 SF
- Property type
- Drive through restaurants
- APN
- 04991-213-0310
- APU
- 49912130310
Description
This exceptional investment opportunity presents a fee-simple owned, single-tenant Starbucks located at 16101 San Pedro Ave, Hollywood Park, TX 78232. The 2,000 square foot building, constructed in 2016, sits on a 0.65-acre lot with excellent visibility from Highway 281, boasting over 138,000 vehicles per day. The property benefits from a drive-thru and convenient access via its own designated off-ramp. The current lease, a Net Lease (NN+) with a corporate guarantee, commenced April 1, 2017, and has a remaining term of approximately 2.4 years, followed by four 5-year options with 10% rent bumps every five years. The property generates a strong net operating income (NOI) of $130,240, representing a 5.25% cap rate on the asking price of $2,480,762 ($1,240.38 per square foot). The location is surrounded by major retailers, including Costco, Walmart, Best Buy, McDonald's, Chick-fil-A, H-E-B, and Saltgrass Steak House, serving a dense population with high household incomes within a three-mile radius. This is a rare opportunity to acquire a well-performing, established Starbucks in a prime location with significant upside potential. The property is a depreciable asset in a tax-free state.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Hollywood Park
- County
- Bexar
- State
- Texas
- Longitude
- -98.4751
- Latitude
- 29.5883
- 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
$42,489
$869,880
$1,047,870
$1,917,750
-
$869,880
$1,047,870
$1,917,750
