Retail Space
303 San Pedro Avenue San Antonio, TX 78212
Details & Description
Price: $2,261,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding, drive-thru-equipped, Project Pollo investment property located in San Antonio, Texas. The tenant will sign a brand new 15-year lease at the close of escrow with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Project Pollo is a fast-growing vegan-based restaurant chain that plans to open 20 to 25 locations by 2022 and begin expanding in Dallas and Houston with a target of 100 locations open by 2025.
    Listing Agents
    Brian Wolfman

    O: 949-270-8210
    brian.wolfman@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    303 San Pedro Avenue

    San Antonio, TX 78212

    Listing ID: 254368
    • 303 San Pedro Avenue San Antonio, TX 78212 | for Sale | Photo 1
    • 303 San Pedro Avenue San Antonio, TX 78212 | for Sale | Photo 2
    • 303 San Pedro Avenue San Antonio, TX 78212 | for Sale | Photo 3
    303 San Pedro Avenue | for Sale | Thumbnail 1
    303 San Pedro Avenue | for Sale | Thumbnail 2
    303 San Pedro Avenue | for Sale | Thumbnail 3
    Building Size: 3,278 SF
    Lot Size: 0.500 AC
    Land Size: 21,780 SF
    Building $/SF: $689.75
    Land $/SF: $103.81
    Price
    $2,261,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding, drive-thru-equipped, Project Pollo investment property located in San Antonio, Texas. The tenant will sign a brand new 15-year lease at the close of escrow with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Project Pollo is a fast-growing vegan-based restaurant chain that plans to open 20 to 25 locations by 2022 and begin expanding in Dallas and Houston with a target of 100 locations open by 2025.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    San Antonio History of Retail Space for Sale

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    San Antonio Area Market Trends

    Listing Demographics for 303 San Pedro Avenue San Antonio, TX 78212

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population13,643147,736392,505
    Population Median Age423737
    Population by Age0-9 Yrs655 (4%)19369 (13%)53121 (13%)
    10-19 Yrs847 (6%)19406 (13%)55513 (14%)
    20-29 Yrs2705 (19%)23380 (15%)58671 (14%)
    30-39 Yrs2658 (19%)22115 (14%)54082 (13%)
    40-49 Yrs1995 (14%)18117 (12%)49623 (12%)
    50-59 Yrs1624 (11%)18267 (12%)47570 (12%)
    60-69 Yrs1467 (10%)14097 (9%)37828 (9%)
    70+ Yrs1691 (12%)12985 (8%)36098 (9%)
    Median HH Income$32,950$36,501$38,295
    Total Household Income< 24K2343 (42%)18014 (36%)43230 (34%)
    25-49K1161 (21%)12565 (25%)33280 (26%)
    50-74K794 (14%)7713 (15%)21107 (16%)
    75-99K462 (8%)4180 (8%)11215 (8%)
    100-199K495 (9%)5070 (10%)12676 (10%)
    200K+212 (3%)1822 (3%)4990 (3%)
    Highest Education LevelNo Diploma33492992975731
    Diploma or GED27792666875390
    Some College20681791448001
    Assoc. Degree508468612242
    Bachelors Degree14341129027286
    Higher Degree1092772317123
    Total Housing Units6,73057,670142,778
    --Owner-Occupied89322,74665,923
    --Renter-Occupied4,57426,61860,575
    Owner-Occupied Values< 100K3341256137896
    100-199K209491816074
    200-299K9920234053
    300-399K11512152166
    400-499K566871390
    500K+8113424345
    Total Working Age Population12,543117,971307,082
    In Work Force5,68468,726178,175
    Not In Work Force6,85949,246128,906
    Workforce Employed5,28063,675165,827
    Workforce Unemployed3284,43610,506
    Civlian Workforce5,60868,111176,333
    Military Workforce756151,842
    Total Households5,46749,364126,499
    Family Households1,57227,15677,420
    Non-Family Households3,89522,20849,079
    Married Couple97615,47444,758
    Other Family59611,68232,662
    Married w/Child1975,55617,261
    Single Male w/Child428662,585
    Single Female w/Child2534,30812,284

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Bexar County1,392,931+231,714,773+222,093,502+202,502,617

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 303 San Pedro Avenue in San Antonio?
    The asking price for 303 San Pedro Avenue is $2,261,000
    What is the building size of this Retail property in San Antonio, TX?
    The size of the building/unit at 303 San Pedro Avenue in San Antonio is 3,278 square feet
    How much land does the San Antonio, TX property at 303 San Pedro Avenue include?
    303 San Pedro Avenue in San Antonio includes 0.500 acres of land
    What kind of Retail is the propery at 303 San Pedro Avenue?
    The property at 303 San Pedro Avenue San Antonio, TX 78212 is listed as a Food Service Retail property
    What is the population within 1 mile of 303 San Pedro Avenue in San Antonio?
    The population within 1 mile of 303 San Pedro Avenue San Antonio, TX 78212 is 13,643 people.
    Who do I contact for questions about 303 San Pedro Avenue?
    You should contact the listing agent, Brian Wolfman, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    San Antonio International Airport (SAT) 7
    Austin Bergstrom International Airport (AUS) 72
    Corpus Christi International Airport (CRP) 130
    Price
    $2,261,000
    Listing Agent
    More listings from Brian Wolfman
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