6380 Rittiman Rd San Antonio, TX 78218
- Turn key restaurants
- 3,105 SF
- 0.44 lot acres
Current Use by Public Records
- Pizza Hut / Pizza Delivery / Chicken Wings Restaurant
Property Details for 6380 Rittiman Rd
- Year built
- 1988
- Lot size
- 0.44 lot acres
- Property size
- 3,105 SF
- Property type
- Turn key restaurants
- APN
- 17628-002-0022
- APU
- 176280020022
Description
This exceptional investment opportunity presents a fee-simple owned Pizza Hut restaurant located at 6380 Rittiman Rd, San Antonio, TX 78218. Boasting a brand new 15-year absolute NNN lease with scheduled rental increases, this property offers significant long-term stability and passive income. The 3,105 square foot building, constructed in 1988 and renovated in 2005, sits on a 0.44-acre lot in a high-traffic area. The property benefits from its location near the signalized intersection of Rittiman Rd and Farm to Market Rd 78, experiencing over 68,000 vehicles daily. This prime retail location is surrounded by numerous national credit tenants, including Walmart, CVS, Ollie's Bargain Outlet, and AutoZone, ensuring strong consumer traffic and brand recognition. The property's Net Operating Income (NOI) is $99,754, resulting in a 5.60% cap rate, and the asking price is $1,781,321 ($573.69/sq ft). The lease includes four 5-year renewal options, further enhancing the long-term value of this investment. This is a truly passive investment with zero landlord responsibilities, making it an ideal addition to any portfolio. The strong demographics within a 5-mile radius provide a substantial and consistent consumer base for the established Pizza Hut franchise.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.3625
- Latitude
- 29.4805
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
