6610 Blanco Rd San Antonio, TX 78216-6107
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.
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PNC Mortgage Loan Service Bank
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PNC ATM Atm
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PNC Bank Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.