Take 5 (Eligible for Bonus Depreciation)

Take 5 (Eligible for Bonus Depreciation)

San Antonio, TX

San Antonio, TX

Take 5 (Eligible for Bonus Depreciation)

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Take 5 (Eligible for Bonus Depreciation) in San Antonio, TX. The property consists of a 2,160-square-foot, freestanding building that sits on approximately 0.34 acres of land. There are 6.4 years remaining on the lease with 2% rental increases every year.

Price $2,120,000
Cap Rate 6.25%
Building Size 2,160 sqft
Lot Size 0.34 acres
Year Built 2015
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
Duke.Dennis@marcusmillichap.com

 

  • Absolute Net Lease with 6.4 Years Remaining - Attractive Annual Rent Increases
  • Excellent Visibility and Access on Rigsby Avenue (16,371 Vehicles per Day)
  • More Than 168,172 Residents (Five-Mile Radius)
  • Take 5 Opened 1,000th Location in 2023; 1,400% Growth Since 2016 Acquisition
  • 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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