3035 Tpc Pkwy San Antonio, TX 78259-2404
Property profile & analytics
3035 Tpc Pkwy San Antonio, TX 78259-2404
- Drive through restaurants
- 1,641 SF
- 0.75 lot acres
Property ID
US82-3368112
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
- Sonic Drive-In / Restaurant / Take-out & Catering
Property Details for 3035 Tpc Pkwy
- Year built
- 2010
- Lot size
- 0.75 lot acres
- Property size
- 1,641 SF
- Property type
- Drive through restaurants
- APN
- 18218-010-0090
- APU
- 182180100090
Description
This exceptional investment opportunity presents a 1,509 square foot Sonic Drive-In restaurant located at 3035 TPC Parkway in San Antonio, Texas. The property boasts a strong 10-year absolute triple-net (NNN) lease, commencing July 1, 2024, and expiring July 1, 2034, with four 5-year renewal options. The franchisee, an award-winning operator with over 500 locations across five concepts, is backed by a 41-unit guaranty, ensuring financial stability. The lease includes a 10% rent increase every five years, providing a hedge against inflation. The property sits on a 0.75-acre lot and was built in 2010. The current annual net operating income (NOI) is $145,000, representing a 6.25% cap rate on the $2,320,000 asking price. The property benefits from excellent location within a high-growth area, enjoying strong retail synergy with nearby national retailers such as Target, Sam's Club, and H-E-B, as well as significant foot traffic due to its proximity to Johnson High School (3,210 students). The surrounding area demonstrates robust demographics, with a 3-mile population of 69,395 and an average household income of $124,304. Furthermore, the franchisee is planning a significant post-closing remodel, enhancing the property's long-term value. This is a rare opportunity to acquire a well-performing, established QSR in a thriving Texas market with built-in growth potential. The property's location near the TPC San Antonio golf course and its proximity to new commercial and residential developments further solidify its investment appeal. San Antonio's consistent year-over-year growth, coupled with Texas's income tax-free status, makes this a compelling investment proposition.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.438
- Latitude
- 29.6596
- 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
$20,659
$498,120
$401,880
$900,000
-
$498,120
$401,880
$900,000
