Listed by Marcus & Millichap - San Diego
$2,888,844
POPULAR TEX-MEX CONCEPT | ABSOLUTE NET GROUND LEASE
Details
APN 567992
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 5,472
Cap Rate 6.75%
NOI $194,997
Tenancy Single
Brand/Tenant Chacho's
Lease Type Absolute NNN
Lease Expiration 01/30/2043
Remaining Term 16.6
Rent Bumps Yes
Class A
Year Built 1989
Year Renovated 2023
Stories 1
Acreage 0.700
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease Yes
Retail | 6.75% CAP | 5,472 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310659/chachos
Investment highlights
- Long Term Absolute Net Ground Lease (Zero Landlord Responsibilities) featuring 2% Annual Rental Increases throughout the Initial Term and Options. Recent Interior Renovation Completed.
- Prime Location Along Callaghan Road with Strong Traffic Counts and Excellent Visibility, Positioned Near Interstate 10 Providing Direct Connectivity Across San Antonio’s Primary East West Corridor.
- In Close Proximity to South Texas Medical Center, One of the Largest Healthcare Hubs in Texas, featuring University Hospital, Methodist Hospital, and UT Health San Antonio.
- Established Concept with over 30 Years of Operating History that Successfully Repositioned its Model to Emphasize Quality Ingredients, Larger Portions, and High Volume Throughput Resulting in Significant Sales Growth and Strong Customer Traffic.
- Situated in a Mature Infill Trade Area with Limited New Retail Development Creating Barriers to Entry and Supporting Long Term Asset Value Stability within an Established Commercial Corridor.
- Immediate Access to Interstate 10 and Loop 410 Providing Seamless Connectivity to Downtown San Antonio, San Antonio International Airport, and Major Employment Centers Across the Metro Area.
- Benefiting from Proximity to St Mary’s University and Surrounding Schools Providing a Steady Flow of Students, Faculty, and Staff Supporting Consistent Retail and Dining Demand throughout the Year.
- Strong Daytime Population Supported by Major Employers including South Texas Medical Center, USAA Headquarters, and Valero Energy Driving Consistent Weekday Traffic and Consumer Activity in the Immediate Area. Surrounded by Dense Residential Neighborhoods including Castle Hills and Dellview, Offering a Strong Built in Customer Base with High Population Density and Stable Long Term Housing Demand Supporting Retail Performance.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$194,997.00
$16,249.75/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
Map
Zoning
C-3 CommercialGeneral CommercialGeneral Commercial
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View all 457 uses Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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