7003 Bandera Rd Leon Valley, TX 78238-1138

This exceptional investment opportunity presents a 1,129 square foot, single-tenant retail property in San Antonio, Texas, featuring a 19.5-year remaining lease term (commencing May 15, 2024 and expiring May 31, 2044) with Smoothie King, Jamba, and Auntie Anne's. The property boasts a strong 5.50% cap rate and a Net Operating Income (NOI) of $158,000. Situated on Bandera Road, this high-visibility location benefits from 57,000 vehicles per day passing directly in front, further enhanced by its proximity to the major intersection of Bandera and Huebner Roads, generating a combined 73,840 vehicles daily. The property's strategic placement across from a Hobby Lobby-anchored shopping center ensures significant crossover customer traffic. This prime location is surrounded by numerous national retailers, including Walmart, Whataburger, and other fast-food chains, maximizing visibility and customer draw. The property also enjoys convenient proximity to several San Antonio schools, community centers, and major employers, including John Marshall High School and the Leon Valley Business Park. Its location is just 11 miles from San Antonio International Airport. The lease includes annual rent bumps, and the property is a new 2024 construction with a drive-thru for added customer convenience. This is a Net Lease (NNN) investment, ideal for 1031 exchange. The tenant, Fresh Dining Concepts, LLC, operates 215 stores across 21 states, exceeding $200 million in sales in 2024. Texas's income tax-free status makes this an attractive investment for out-of-state buyers. The asking price is $2,873,000.