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30019080
30019081

16607 Nacogdoches Rd, San Antonio, TX 78247

SD
TX 806053
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston
$1,695,000
100 days on market
Updated 49 days ago

Eco Wash | San Antonio | Walmart Outparcel | $100k+ Avg. HHI

Details
Property Type Business for Sale, Land (+2)
Sub Type Business and Building, Car Wash (+1)
Square Footage 3,971
Net Rentable (SqFt) 3,971
Cap Rate 10.62%
NOI $180,000
Occupancy 100%
Brand/Tenant Bluewave Car Wash
Pro-Forma Cap Rate 15.34%
Pro-Forma NOI $260,000
Price per SqFt $427
Broker Co-Op Yes
Year Built 2004
Acreage 0.660
Investment Type Owner/User
Occupancy Date 01/01/2027
Sale Condition For sale by owner

Business & Real Estate Sale | 10% CAP

Marketing description

Home to the Alamo and famous River Walk, the San Antonio metro is located in the southern portion of central Texas and straddles the Interstate 35 corridor — one of the fastest-growing areas in the state. The metro encompasses eight counties: Bandera, Atascosa, Kendall, Comal, Bexar, Guadalupe, Medina and Wilson. Situated only 160 miles from Nuevo Laredo, Mexico, San Antonio is an easy drive on Interstate 35 from the border and serves as a major gateway between the United States and Mexico. The area is further enhanced by an extensive transportation network that provides shipping options to domestic and international markets, as well as the Eagle Ford Shale formation that runs through Atascosa and Wilson counties. San Antonio is the most populous city in the metro, housing nearly 1.5 million residents. New Braunfels also has a local population above 111,000 citizens.

Investment highlights

  • Local Retail Demand | Located Within a Walmart-Anchored Shopping Center, and Less than 0.5-miles from Rolling Oaks Mall with 100+ Stores, this Property Offers a Great Location for High Volume Retail.

  • Access & Visibility | Location Provides Immediate Access to/from Loop 1604, and Just 2-Miles from I-35 - One of the Most Trafficked Interstates in Texas.

  • Value-Add Opportunity | New Owner has Ability to Acquire Below Replacement Cost and Increase Revenue Through Improved Business Operations, or Redevelop into Highest & Best Use.

  • Surrounding Retail | Strong local retail presence including Walmart, Rolling Oaks Mall, Whataburger, Wendy’s, Taco Bell, 7 -Eleven, Burger King, Subway, Taco Cabana, Navy Federal and More.

  • Potential Tax Benefits | Subject Property May Qualify for Tax Savings via Accelerated Depreciation and Cost Segregation.

Listing Contacts

SD
TX 806053
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$180,000.00
$15,000.00/mo

Valuation Metrics

0
DSCR
10.62%
Cap Rate
10.62%
ROI

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Additional Information

Name
Sebastian Davis
License
806053
Brokerage Phone
713-452-4317
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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