714 W Loop 1604 N San Antonio, TX 78251
For Sale
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This exceptional investment opportunity presents the fee simple interest in an 86,000 square foot Academy Sports + Outdoors, situated at 714 W Loop 1604 N in San Antonio, Texas. The property boasts a 20-year absolute NNN lease with approximately 4.6 years remaining, featuring four, five-year renewal options and attractive 1.5% annual rent escalations. Built in 2009 as a build-to-suit, Academy Sports + Outdoors has demonstrated a strong commitment to this location with over 15 years of successful operation. The property enjoys a prime location on Loop 1604, a high-traffic thoroughfare with 78,000 vehicles per day. Its adjacency to The Shoppes at Dove Creek, a top 1% nationally ranked shopping center (according to Placer.ai), further enhances its desirability. The surrounding area is densely populated, with over 1,140 apartment units in close proximity. The property sits on a 9.41-acre lot and generates a substantial net operating income (NOI) of $860,785, representing a compelling 6.85% cap rate. This offering presents a rare opportunity to acquire a stable, high-performing retail asset in a thriving San Antonio market, benefiting from significant population growth (51% within a 3-mile radius since 2010). The asking price is $12,570,000. This is a 100% occupied, credit-rated, corporate-guaranteed investment with minimal landlord responsibilities.
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Academy Sports + Outdoors (Bike/Boat/Book/etc) Store
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.