SAB is pleased to present Taco Cabana in San Antonio, TX. Taco Cabana recently extended its triple net lease, where the tenant is responsible for all operating expenses, for an additional 15 years. The lease features 5% rent increases every 5 years. The increases continue into an additional four, 5-year options. This provides a hedge against inflation. The lease is corporately guaranteed by Taco Cabana, Inc. which operates more than 165 locations. The subject property is highly visible from Interstate-10 which features more than 209,500 vehicles per day. It is also ideally located as an outparcel to H-E-B in a dense retail corridor with other notable tenants such as Walmart and Sam’s Club. It is also an extremely well-performing store with a 5.71% rent to sales ration. San Antonio is an extremely high growth market and is the 7th most populated city in the country.
$3,500,000
11
2019
10 AC
Ad Minima, San Antonio, TX, 78230
San Antonio, TX, 78230
Multifamily
Sold