$1,790,000
—
SqFt
1.28
Acre Lot
55,756
Sqft Lot
Price Type
Status
Active
Property Type
Apts/retail/strip/busprk
Year Built
1967
Days on Website
83
Property Map
$1,790,000 – 5402-5414 W Military Dr, San Antonio, TX 78242
Street View
Courtesy of Sun Larson, Sun Larson {attribution_contact}
Description
Fully leased retail strip center conveniently located on a busy high traffic main Military Drive, directly across from Lackland AFB. Long term tenants on a 2 to 3 year lease basis. Current rent is below market rate. Potential for upside cap rate by new management. First building is a strip center with 6 tenants in 8,302 sq, the second building is a 1,748 sq stand alone restaurant, leased to a long term tenant. Motivated seller. Make offer!
Property Details and Features
Listing
- Listing date: 2024-08-28 05:00:00
- 83 days on market
- 83 cumulative days on market
- $178 per square foot
Location
- County: Bexar
- Area: 2200
Building
- Built in 1967
- Approximate age: 57
- Building/center name: ROYAL GATE CENTER
- Brick
- 10,050 square feet
- 10,050 retail square feet
- 1 story
- 2 buildings
Foundation
- Slab
Roof
- Flat
Interior Features
- Ceiling height: 9
Lot
- Lot size: 1.28
Property
- Zoning: COMMERCIAL
Schools
- School district: South San Antonio.
Miscellaneous
- Gross income: 134170.00
- Net leasable area: 10050
- Monthly lease: $0
- Insurance: 8347.00
- None
- Actual
- None
- No
- None
- 7 rentals
- 60 parking spaces
- 7 units
- Other tax: 0.00
Taxes
- Total tax: $39,005
- Annual tax: $39,005
- City tax: $8,611
- County tax: $11,820
- $18,574 school tax
- Property Tax ID: 152860220200
Utilities
- Electricity
- Gas
- Water
- Telephone
- Sewer
- Cable TV