tilted kilt om - loopnet...svn creviston realty, inc. presents to qualifiedinvestors : tilted kilt®...

SVN | CREVISTON REALTY, INC. | 10929 CRABAPPLE ROAD, SUITE 201, ROSWELL, GA 30075 OFFERING MEMORANDUM

TILTED KILT SANANTONIO2070 NE LOOP 1604SAN ANTONIO, TX 78232

Jeff Hammond, MPADirector of Retail [email protected]

Tony RoubikManaging [email protected]

1 PROPERTYINFORMATION

2070 NE Loop 1604San Antonio, TX 78232

TILTED KILT SAN ANTONIO | 2070 NE LOOP 1604 SAN ANTONIO, TX 78232 SVN | Creviston Realty, Inc. |

OFFERING SUMMARY

Sale Price: $3,214,000

Cap Rate: 7.0%

NOI: $225,000

Lot Size: 1.436 Acres

Year Built: 2000

Building Size: 6,688 SF

Renovated: 2018

Zoning: C3

Market: San Antonio

Submarket: San Antonio

Price / SF: $480.56

SVN Creviston Realty, Inc. presents to qualified investors : Tilted Kilt® San Antonio, which offers a unique pub experiencethat sets them apart from their competition. Tilted Kilt is in the business of lifting spirits—one burger, one beer, one guestand one visit at a time exposure. Long term Lease, Tilted Kilt and Eatery is at the center of Growing retail corridorsurrounded by Kohls, Regal Cinemas, Hampton Inn, Marshals, Ross, Old Navy and More.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Remodeled September 2018

• 20 Year Lease bumps every 5 years by 7.5%

• Going in Cap 7.0%

• Average Cap 7.8%

• Exit Cap 8.7%

• Long Term Lease

• NNN Lease

• Average Daily Traffic Count 78,525

• Signage

Property Summary

TILTED KILT SAN ANTONIO | 2070 NE LOOP 1604 SAN ANTONIO, TX 78232 SVN | Creviston Realty, Inc. | All SVN® offices are independently owned and operated.


SVN Creviston Realty, Inc. presents to qualified investors : Tilted Kilt® San Antonio, which offers a uniquepub experience that sets them apart from their competition. Tilted Kilt is in the business of liftingspirits—one burger, one beer, one guest and one visit at a time exposure. Long term Lease, Tilted Kilt andEatery is at the center of Growing retail corridor surrounded by Kohls, Regal Cinemas, Hampton Inn,Marshals, Ross, Old Navy and More.

PROPERTY OVERVIEW

Located at TX 1604 & TX 281Directly off Exit

LOCATION OVERVIEW

Property Description


SALE HIGHLIGHTS

• Remodeled September 2018

• 20 Year Lease bumps every 5 years by 7.5%

• Going in Cap 7.0%

• Average Cap 7.8%

• Exit Cap 8.7%

• Long Term Lease

• NNN Lease

• Average Daily Traffic Count 78,525

• Signage

Complete Highlights

INVESTMENT HIGHLIGHTS

Tilted Kilt Pub and Eatery, known as “The Best Looking Sports Pub You’ve EverSeen,” has 70+ units in operation throughout the U.S. and Canada, withadditional 20 pubs in various stages of development. Tilted Kilt is uniquelydifferent than other sports bars because of its fun pub experience. The pubsfeature dozens of large, HDTVs and big screens to show all the hottest sportingevents. Every Pub has 30+ draught and bottled beers along with excellenttasting, high quality menu items served to you by the World Famous Kilt Girls ®.The Tilted Kilt Girls and Guys are inviting and represent the comfortableatmosphere while simultaneously demonstrating a high level of service in theindustry. The brand’s slogan “A Cold Beer Never Looked So Good ®” personifiesthe Fun, Food, Spirits and Sports that the Tilted Kilt is well-known for bringing topub guests in both the United States and Canada. here...


Investment Highlights

OFFERING DETAILS

Purchase Price: $3,214,000

Cap Rate: 7 %

Average Cap Rate: X%

Land Size 1.43 AC

Building Size 6,700 SF

Building Age: 18 Years

Access: Directly off 1604 Loop

Parking: 60

Traffic Counts: 78,272

LEASE DETAILSLease Type: NNN

Lease Term: 20 Years

Commencement Date:

Expiration Date:

Renewal Options:

Annual Base Rent: $225,000

Rent Increases: Every 5 years by 7.5%

Tenant Guarantor: Tilted Kilt


Investment Summary

2 LOCATIONINFORMATION




Tilted Kilt San Antonio

Regional Map


Location Maps


Tilted Kilt San Antonio

Aerial Map


Retailer Map

3 FINANCIALANALYSIS




INVESTMENT OVERVIEW

Price $3,214,000Price per SF $480.56CAP Rate 7.0%Cash-on-Cash Return (yr 1) 23.34 %Total Return (yr 1) $225,000Debt Coverage Ratio -

OPERATING DATA

Gross Scheduled Income $225,000Other Income -Total Scheduled Income $225,000Vacancy Cost $0Gross Income $225,000Operating Expenses -Net Operating Income $225,000Pre-Tax Cash Flow $225,000

FINANCING DATA

Down Payment $964,200Loan Amount $2,249,800Debt Service -Debt Service Monthly -Principal Reduction (yr 1) -

Financial Summary


INCOME SUMMARY PER SF

Rent $225,000 $33.64

Gross Income $225,000 $33.64

EXPENSE SUMMARY PER SF

Gross Expenses - -

Net Operating Income $225,000 $33.64

Income & Expenses

4DEMOGRAPHICS




1 MILE 3 MILES 5 MILES

Total population 9,401 71,624 186,107

Median age 33.4 37.6 36.0

Median age (male) 34.7 36.5 35.0

Median age (female) 32.6 38.3 36.8

Total households 3,816 28,190 70,944

Total persons per HH 2.5 2.5 2.6

Average HH income $79,429 $93,061 $95,531

Average house value $213,126 $215,785 $246,782

* Demographic data derived from 2010 US Census

Demographics Report


POPULATION 1 MILE 3 MILES 5 MILES

Total population 9,401 71,624 186,107

Median age 33.4 37.6 36.0

Median age (male) 34.7 36.5 35.0

Median age (Female) 32.6 38.3 36.8

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 3,816 28,190 70,944

# of persons per HH 2.5 2.5 2.6

Average HH income $79,429 $93,061 $95,531

Average house value $213,126 $215,785 $246,782

* Demographic data derived from 2010 US Census

Demographics Map

5 ADVISOR BIOS2070 NE Loop 1604

San Antonio, TX 78232


10929 Crabapple Road, Suite 201Roswell, GA 30075T 210.889.6819C [email protected]

PROFESSIONAL BACKGROUND

Jeff Hammond has over 20 years’ experience in the sale, investment, development and property management of commercial and residential real estate. He has a strong

entrepreneurial drive and focuses on the bottom-line while being ever mindful of providing stellar service to clients.

Jeff gained his early business experience with UPS, the global leader in logistics, packaging & specialized transportation. Here he made significant contributions as a ‘change agent’

improving efficiencies, reducing costs & driving quality.

Jeff’s commercial real estate sales and marketing expertise lie in his ability to build strong client relationships, ensure quality service and negotiate the best terms possible to close

transactions. Jeff’s colleagues recognize his entrepreneurial spirit and refer to him as ‘The Bulldog’ and ‘Mr. Networker’. These unique skill sets have enabled him to become a top

performer in marketing commercial real estate and a leader in the sale of office, retail and industrial space.

Jeff has represented large national accounts and focused on retail investments. Key accounts comprised of nationally recognized corporations including Dairy Queen, Popeyes, Tilted

Kilt, Dunkin Donuts, Steak 'N Shake, Allstate, American Family Insurance, Tower Loans, 607 Investments and more. He has Increased sales revenue 100% as forecasted

year-over-year (2013 compared to 2012).

Also, Jeff serves as a real estate consultant for 607 Investments. 607 Investments takes retail financing and construction of a QSR's land and building ONE GIANT step beyond the

norm. They provide an ALL N ONE solution that takes the banks, personal monies, and cost over runs, out of a franchisees' vocabulary. Check out www.607investments.com.

Jeff is an active member of numerous real estate associations, is a CCIM Candidate, and was elected as the 2013 President of the St. Charles Real Estate Association in St. Charles,

MO.

EDUCATION

University of North Carolina Charlotte

• Bachelor’s in Political Science • Master of Public Administration

• Mike Lipsey School of Real Estate

• Dale Carnegie School of Excellence

• Andrew Lacey Group Real Estate Coaching

• Over 1,000 hours in real estate classroom training

MEMBERSHIPS & AFFILIATIONS

Licensed Real Estate Broker in Georgia, Florida, Missouri and Illinois Professional with over 20 years helping clients with their Commercial Real Estate needs.

Professional Affiliations

• International Council of Shopping Centers Member

• Certified Commercial Investment Member, Candidate (CCIM)

• Missouri Association of Commercial Realtors

• National Association of Realtors

• St. Charles Association of Realtors - Served as President-Elect - Commercial Board of Directors Member

• Congressional Awareness Committee Member

JEFF HAMMOND, MPA

Director Of Retail Services


10929 Crabapple Road, Suite 201Roswell, GA 30075

210.889.6819www.svn.com

All SVN® Offices Independently Owned & Operated | 2018 All Right Reserved

SVN | AVR Commercial Real Estate Services9208 Cardwell,

Houston, TX 77055713.858.1144

www.svn.com

tilted kilt om - loopnet...svn creviston realty, inc. presents to qualifiedinvestors : tilted kilt®...

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