6610 Blanco Rd San Antonio, TX 78216-6107
- Banks
- 2,960 SF
- 0.74 lot acres
Current Use by Public Records
- PNC Mortgage / Mortgage Lender
- PNC ATM / Atm
- PNC Bank / Atm / Bank
Property Details for 6610 Blanco Rd
- Year built
- 1988
- Lot size
- 0.74 lot acres
- Property size
- 2,960 SF
- Property type
- Banks
- APN
- 13718-000-0220
- APU
- 137180000220
Description
This exceptional investment opportunity presents a 2,285-square-foot retail property currently leased to PNC Bank, a tenant rated "A-" by S&P, under a net lease agreement. The lease, originally commencing January 1, 2008, has a remaining term of approximately 3.1 years, with a 5-year option to renew at fair market value. The property boasts a strategic location on a signalized hard corner intersection along Blanco Road (35,213 vehicles per day), within a quarter-mile of Northwest Interstate 410 (over 270,000 vehicles per day). Situated on a 0.78-acre lot, this single-tenant building includes a drive-thru and benefits from high visibility and accessibility. The property is part of the Park North Shopping Center, enjoying strong retail synergy with nearby establishments such as Target, World Market, and numerous restaurants. The asking price is $2,854,103, representing a price per square foot of $1,249.06 and a cap rate of 5.85%. The current Net Operating Income (NOI) is $166,965. The property's strong location, investment-grade tenant, and remaining lease term make this a compelling investment opportunity in the thriving San Antonio, Texas market. The surrounding area boasts a significant population (over 309,426 residents within a 5-mile radius) and high average household income (over $91,822 within a 5-mile radius). This property is located at 6610 Blanco Rd, San Antonio, TX 78216.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $490,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $388,000
Market price range: $244k - $388k -
Alternative Use
- Use
- Estimation
- FINANCIAL BUILDING
- $310,000 Current use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.5064
- Latitude
- 29.5164
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA