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29496809
29496810

4646 W Commerce St, San Antonio, TX 78237

WS
TX TX 589055
SRS Real Estate Partners SAN ANTONIO
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
MM
CA 01732226
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners SAN ANTONIO, SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Tampa
$7,960,000
127 days on market
Updated 47 days ago

Whataburger | San Antonio, TX (W Commerce St)

Details
APN 08204-001-0010
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,758
Units 1
Cap Rate 6.25%
NOI $497,318
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell, McDonald's (+1)
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 08/31/2034
Remaining Term 8.2
Rent Bumps Yes
Lease Options 3 (5-year)
Price per SqFt $2,886
Broker Co-Op Yes
Year Built 1976
Buildings 1
Stories 1
Acreage 0.610
Zoning C-3R
Parking Spaces 27 spaces
Parking Per SqFt 9.79
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/02/2019
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

95th Percentile Across All Whataburgers for Annual Visits

Marketing description

Introducing an exclusive investment opportunity at 4646 W Commerce Street in San Antonio, Texas! This single-tenant absolute NNN property presents a lucrative option with over 8 years remaining on the lease, scheduled rental increases, and options to extend. The corporate lease is with Whataburger Restaurants, LLC, known for its strong presence and brand reliability. Featuring a 6.00% cap rate and $497,318 in net operating income, this 2,758 SF property on approximately 0.61 acres offers a passive investment opportunity with the tenant responsible for all expenses. Situated at a signalized, hard corner intersection averaging over 50,200 vehicles daily, the property enjoys high visibility and synergy from nearby retailers like Planet Fitness, Ross, and Walgreens in the Crosstowne Mercado. With a strong demographic base of over 320,500 residents and 186,000 employees within the 5-mile trade area, this property at 4646 W Commerce Street is positioned for long-term success in San Antonio's thriving market.

Investment highlights

  • 8+ Years Remaining | Options To Extend | Scheduled Rental Increases

  • Absolute NNN | Fee Simple Ownership

  • Signalized, Hard Corner Intersection | Crosstowne Mercado

  • Strong Demographics In 5-Mile Trade Area

Listing Contacts

WS
TX TX 589055
SRS Real Estate Partners SAN ANTONIO
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
MM
CA 01732226
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners SAN ANTONIO, SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Tampa

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$497,318.00
$41,443.17/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Ryan Johnson
License
TX License No. 525292
Brokerage
SRS Real Estate Partners-Southwest, LLC
Title
Broker of Record
Name
Webb Sellers
License
TX 589055
Brokerage
SRS
Title
EVP
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