San Antonio, TX - Mr. Crabby's Seafood
$2,995,000
1827 N. Loop 1604 E, San Antonio, TX
6.75
Cap Rate
202,163
NOI
Details:
Description:
• The tenant has over nine years remaining on the initial lease term, demonstrating a strong long-term commitment to the site
• The lease includes a 2.50% annual rent bump, increasing NOI and providing a hedge against inflation
• The lease features 2 (5-year) options at market rent
• The subject property is a part of The Legacy shopping center which features tenants such as Main Event, Best Buy, Starbucks, Mattress Firm, Men’s Wearhouse, and more
• Located near the intersection of Highway 281 and N Loop 1604 which combine to average over 238,000 vehicles passing by daily
• Across from Northwoods Shopping Center, a 439,000+ SF shopping center with tenants including H-E-B, Ulta, Regal Cinemas, Barnes & Nobles, Nordstrom Rack, Petco, Chick-fil-A, HomeSense, Marshalls, and others
Location
Gallery