retail for sale - loopnet...should conduct your own investigation of the property and transaction....

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17660 Henderson Pass, San Antonio, TX 78232 RETAIL FOR SALE www.kwcommercial.com KW COMMERCIAL MARCELINO GARCIA CRE Broker Associate 210.381.3722 [email protected] We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. PROPERTY OVERVIEW Beautifully built, Investment restaurant property zoned C-3 in the Northwoods Shopping area. Building is freestanding located on Henderson Pass just off N. 281 access road and Loop 1604. Property is surrounded by apartments, residential, shopping, eating, cinemas and offices. BEST USES: RESTAURANT AND OFFICES PROPERTY ALSO SUITED FOR A HIGH-END PROFESSIONAL SERVICES OR MEDICAL OFFICE USER, WITH APPROVAL OF NORTHWOODS CENTER ASSOCIATION MANAGEMENT. PROPERTY FEATURES High visibility and traffic county Strong demographics Stand-alone building Northwoods anchored by HEB Tenant in third year of five year lease Tenant pays base rent SALE PRICE: $1,750,000 PRICE/ SQ FT 4,882 N.O.I.: $73,827. CAP RATE: 4.22% LOT SIZE: 1.0 Acres PRICE/ SQ FT $358.46 BUILT: 2010 ZONED: C-3 ERZD CROSS STREETS: N. 281 Access Rd.

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Page 1: RETAIL FOR SALE - LoopNet...should conduct your own investigation of the property and transaction. PROPERTY OVERVIEW Beautifully built, Investment restaurant property zoned C-3 in

17660 Henderson Pass, San Antonio, TX 78232

RETAIL FOR SALE

www.kwcommercial.com

KW COMMERCIAL MARCELINO GARCIACRE Broker [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

PROPERTY OVERVIEWBeautifully built, Investment restaurant property zoned C-3 in theNorthwoods Shopping area. Building is freestanding located onHenderson Pass just off N. 281 access road and Loop 1604.Property is surrounded by apartments, residential, shopping, eating,cinemas and offices. BEST USES: RESTAURANT AND OFFICES

PROPERTY ALSO SUITED FOR A HIGH-END PROFESSIONALSERVICES OR MEDICAL OFFICE USER, WITH APPROVAL OFNORTHWOODS CENTER ASSOCIATION MANAGEMENT.

PROPERTY FEATURESHigh visibility and traffic county

Strong demographics

Stand-alone building

Northwoods anchored by HEB

Tenant in third year of five year lease

Tenant pays base rent

SALE PRICE: $1,750,000

PRICE/ SQ FT 4,882

N.O.I.: $73,827.

CAP RATE: 4.22%

LOT SIZE: 1.0 Acres

PRICE/ SQ FT $358.46

BUILT: 2010

ZONED: C-3 ERZD

CROSS STREETS: N. 281 Access Rd.

Page 2: RETAIL FOR SALE - LoopNet...should conduct your own investigation of the property and transaction. PROPERTY OVERVIEW Beautifully built, Investment restaurant property zoned C-3 in

www.kwcommercial.com

KW COMMERCIAL MARCELINO GARCIACRE Broker [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

17660 Henderson Pass, San Antonio, TX 78232

RETAIL FOR SALE

Page 3: RETAIL FOR SALE - LoopNet...should conduct your own investigation of the property and transaction. PROPERTY OVERVIEW Beautifully built, Investment restaurant property zoned C-3 in

www.kwcommercial.com

KW COMMERCIAL MARCELINO GARCIACRE Broker [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

17660 Henderson Pass, San Antonio, TX 78232

RETAIL FOR SALE

Page 4: RETAIL FOR SALE - LoopNet...should conduct your own investigation of the property and transaction. PROPERTY OVERVIEW Beautifully built, Investment restaurant property zoned C-3 in

www.kwcommercial.com

KW COMMERCIAL MARCELINO GARCIACRE Broker [email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

* Demographic data derived from 2010 US Census

17660 Henderson Pass, San Antonio, TX 78232

RETAIL FOR SALE

ETHNICITY 1 MILE 3 MILES 5 MILES

% HISPANIC 30.1% 28.0% 31.9%

RACE 1 MILE 3 MILES 5 MILES

% WHITE 84.0% 85.5% 83.4%

% BLACK 5.5% 3.3% 4.0%

% ASIAN 3.3% 3.8% 3.9%

% HAWAIIAN 0.0% 0.1% 0.1%

% INDIAN 0.3% 0.6% 0.7%

% OTHER 3.0% 4.2% 5.3%

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 9,536 72,060 191,733

MEDIAN AGE 35.1 38.0 36.0

MEDIAN AGE (MALE) 35.4 36.9 35.2

MEDIAN AGE (FEMALE) 35.0 38.7 36.6

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 3,928 28,633 73,609

# OF PERSONS PER HH 2.4 2.5 2.6

AVERAGE HH INCOME $82,231 $95,014 $95,271

AVERAGE HOUSE VALUE $235,079 $222,640 $249,721