Mattress Firm SuperCenter (Recent Lease Extension)

Mattress Firm SuperCenter (Recent Lease Extension)

San Antonio, TX

San Antonio, TX

Mattress Firm SuperCenter (Recent Lease Extension)

Offered for sale is a double net leased Mattress Firm SuperCenter located in San Antonio, Texas. Mattress Firm recently extended its lease through April 2033, where it has operated for more than 20 years. Positioned along San Pedro Avenue with direct access to US 281 (164,915 VPD), the property benefits from visibility along one of North San Antonio’s primary commuter corridors. The 14,565-square-foot SuperCenter format property is situated on 1.23 acres as an outparcel to a Burlington-anchored power center.

Price $3,479,000
Cap Rate 7.15%
Building Size 14,565 sqft
Lot Size 1.23 acres
Year Built 1995
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Recent Lease Extension | Corporate-Guaranteed Lease With 6.9 Years Remaining
  • Exceptional Visibility Along US 281 (164,915 VPD) With Direct San Pedro Avenue Access
  • Dense and Affluent North San Antonio Trade Area With 245,212 Residents and $106,317 Average Household Income
  • Approximately 5 Miles to San Antonio International Airport (10M+ Annual Passengers)
  • 14,565-SF Mattress Firm SuperCenter Format on 1.23 Acres
  • Outparcel to Multi-Tenant Power Center Anchored by Burlington
  • Largest Mattress Retailer in the U.S. | 2,000+ Locations Nationwide
  • Austin–San Antonio Metro Population Projected to Grow by 3M+ by 2050

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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