8502 Broadway San Antonio, TX 78217-6314
Property Lookup
Property profile & analytics
8502 Broadway San Antonio, TX 78217-6314
- Turn key restaurants
- 5,616 SF
- 1.01 lot acres
Property ID
US82-5421121
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Chili's Grill & Bar / Restaurant
- It's Just Wings / Restaurant
Property Details for 8502 Broadway
- Year built
- 2006
- Lot size
- 1.01 lot acres
- Property size
- 5,616 SF
- Property type
- Turn key restaurants
- APN
- 12571-001-0390
- APU
- 125710010390
Description
This exceptional investment opportunity presents a 5,876 square foot Chili's restaurant located on a prominent 1-acre lot at 8502 Broadway in San Antonio, Texas, 78217. The property boasts a highly desirable absolute NNN ground lease with a major corporate guarantor, Brinker International, Inc., ensuring consistent income. The lease commenced July 27, 2006, and has a remaining term expiring July 26, 2026, currently in its third year of the second option period. The property features a 5.75% cap rate and a current Net Operating Income (NOI) of $169,400, projected to increase to $186,340 in 2026 due to built-in rent bumps. Built in 2006, this single-tenant property benefits from its strategic location on the hard-signalized corner of Broadway Street and I-410 Loop, a high-traffic area with 204,104 vehicles passing daily. The surrounding area is densely populated, with 268,008 residents within a five-mile radius and an affluent population of $111,374 average household income within three miles, projected to grow by over 12% by 2029. Its proximity to San Antonio International Airport (0.4 miles) further enhances its visibility and accessibility. This property is ideal for 1031 exchange investors seeking a secure, high-performing asset in a prime San Antonio location. The property is surrounded by numerous national retailers, schools, and residential areas, contributing to its consistent high traffic volume.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.4633
- Latitude
- 29.5175
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$52,222
$1,644,250
$852,150
$2,496,400
-
$1,644,250
$852,150
$2,496,400
