8014 Bandera Rd San Antonio, TX 78250

Property Details for 8014 Bandera Rd

Year built

2008

Lot size

1.22 lot acres

Property size

4,290 SF

Property type

Banks

APN

17975-000-0120

APU

179750000120

Description

This investment opportunity presents a 4,290 square foot, single-tenant Chase Bank building situated on a 1.22-acre lot in San Antonio, Texas. The property is an outparcel to a Walmart, located on the established Bandera Road corridor, boasting high visibility and traffic counts (51,319 vehicles per day). The absolute NNN ground lease features a corporate guarantee from Chase Bank, providing significant security. The lease commenced May 19, 2008, and expires June 30, 2028, leaving approximately 3.6 years remaining. Rent increases by 10% every five years, ensuring consistent income growth. The property's strong financials include a 6.50% cap rate and a net operating income (NOI) of $199,650, with a price per square foot of $57.77. The asking price is $3,070,000. The building was constructed in 2008 and benefits from ample parking and multiple access points. The location is within a five-mile radius of over 366,188 residents and 425,791 employees, indicating a robust and growing market. Four, five-year lease options are available, providing long-term stability and potential for future value appreciation. This is an exceptional opportunity to acquire a well-located, high-performing net lease investment with a strong tenant and significant upside potential.

Location Insight

City

San Antonio

County

Bexar

State

Texas

Longitude

-98.6346

Latitude

29.5164

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments