San Antonio, TX - De Zavala Dental & Braces

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, De Zavala Dental & Braces investment property located in San Antonio, Texas. The tenant, De Zavala Dental & Braces PLLC, has over 21 years remaining on its lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features $0.50 PSF annual rental increases throughout the initial term, steadily growing NOI and hedging against inflation. The lease is NN with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.

The property is located near the signalized, hard-corner intersection of De Zavala Rd and Parksite Woods. De Zavala Rd is a major retail thoroughfare serving the city of San Antonio. De Zavala Dental & Braces is located right off Interstate 10, which sees over 206,600 vehicles passing by daily. The site is adjacent to Extra Space Storage, which features over 100,000 square feet of storage space. The asset is also located within walking distance to Clark High School, which has an enrollment of over 2,800 students. In addition, the site is approximately one mile from one of the largest shopping areas in San Antonio, featuring a Walmart Supercenter, Sam’s Club, Home Depot, H-E-B, Spec’s, and many more. The property is in the center of a primary retail corridor with other nearby national/credit tenants including Costco, Petco, Ross, REI, Chick-fil-A, McDonald’s, and more, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 264,200 with an average household income of $102,164.