210 Bitters Rd, San Antonio, TX 78216-1665

This exceptional investment opportunity features a Starbucks located at 210 W Bitters Rd, San Antonio, TX 78216. The property is a 2,869 square foot, Class A, single-tenant net lease investment with a credit-rated corporate guarantee from Starbucks. The lease, commencing August 1, 2016, has a remaining term of approximately 2.2 years with 4x5-year renewal options. The property boasts a strong NOI of $130,683 and a 6.22% cap rate. The building, renovated in 2021, sits on a 0.6-acre lot zoned C-3 Commercial District and includes a drive-thru. This prime location is in a high-traffic area, within a national retailer corridor, and enjoys convenient access to Highway 281 and proximity to San Antonio International Airport. The site consistently ranks in the top 79th percentile nationally and top 75th percentile in Texas for average monthly visitors compared to other Starbucks locations. Rent bumps are included in the lease. The asking price is $2,100,000, resulting in a price per square foot of $731.96. This is a rare opportunity to acquire a well-performing, investment-grade property with a proven track record and significant upside potential. The property's strong tenant, location, and lease terms make it an attractive addition to any investment portfolio.