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31107689
33220581

8121 Pat Booker Rd, Live Oak, TX 78233

AG
TX TX 636961
Summit Real Estate
JV
TX TX 512565
Summit Real Estate
Listed by Summit Real Estate
$2,995,000
79 days on market
Updated 3 days ago

McAlister's Deli

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,584
Cap Rate 6.75%
NOI $201,960
Occupancy 100%
Tenancy Single
Brand/Tenant McAlister's Deli
Lease Type NNN
Price per SqFt $836
Class A
Year Built 2015
Buildings 1
Stories 1
Acreage 1.000
Ground Lease No

Largest Franchisee in the Nation | 6.75% CAP | San Antonio Growth Corridor

Investment highlights

Absolute Net Lease with Scheduled Increase in Primary Term – 10% Increase in 2028

McAllister’s is Operated by Sun Holdings – The largest Franchisee in the Nation, a 1,800+ unit Operator of Burger King, Arby’s, Taco Bueno, Golden Corral, IHOP, Papa Johns, and Popeye’s

1 Acre Site with 2 Pylon Signs and 2 Points of Access of Either side of Pat Booker Rd and Loop 1604

High Growth corridor of Loop 1604 is Home to The Forum at Olympia Parkway – A 585,000 Power Center Anchored by Target, Walmart, Costco, Academy, and Kohls. As well as Close Proximity to Northeast Methodist Hospital, and Methodist ER Live Oak

Just to the North is Ikea’s first Flagship location in San Antonio – Opened February 2019. A 289,000 SF Regional Destination that anchors the Live Oak Town Center Retail Corridor and Draws Shoppers from across the Metroplex.

The Property is located approximately 3 miles from Randolph Air Force Base (4,000+ Active Duty Military Personnel), a major Air Force training installation employing thousands of military personnel and civilians, providing consistent daytime and evening consumer traffic to the surrounding retail corridor.

High Traffic Counts: 23,434 VPD along Pat Booker and 84,753 along Loop 1604

Listing Contacts

AG
TX TX 636961
Summit Real Estate
JV
TX TX 512565
Summit Real Estate
Listed by Summit Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$201,960.00
$16,830.00/mo

Valuation Metrics

0
DSCR
6.74%
Cap Rate
6.74%
ROI

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Additional Information

Name
Adam Gottschalk
License
TX 636961
Brokerage Phone
4691234567
Name
Jason Vitorino
License
TX 512565
Brokerage Phone
972-860-1966
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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