For Sale
$1,781,321

6380 Rittiman Rd San Antonio, TX 78218

Fee Simple Pizza Hut, 15-Year Lease

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional investment opportunity presents a fee-simple owned Pizza Hut restaurant located at 6380 Rittiman Rd, San Antonio, TX 78218. Boasting a brand new 15-year absolute NNN lease with scheduled rental increases, this property offers significant long-term stability and passive income. The 3,105 square foot building, constructed in 1988 and renovated in 2005, sits on a 0.44-acre lot in a high-traffic area. The property benefits from its location near the signalized intersection of Rittiman Rd and Farm to Market Rd 78, experiencing over 68,000 vehicles daily. This prime retail location is surrounded by numerous national credit tenants, including Walmart, CVS, Ollie's Bargain Outlet, and AutoZone, ensuring strong consumer traffic and brand recognition. The property's Net Operating Income (NOI) is $99,754, resulting in a 5.60% cap rate, and the asking price is $1,781,321 ($573.69/sq ft). The lease includes four 5-year renewal options, further enhancing the long-term value of this investment. This is a truly passive investment with zero landlord responsibilities, making it an ideal addition to any portfolio. The strong demographics within a 5-mile radius provide a substantial and consistent consumer base for the established Pizza Hut franchise.

Highlights

  • Brand new 15-year absolute NNN lease with scheduled rent increases; established Pizza Hut franchise.
  • Fee simple ownership; zero landlord responsibilities.
  • High-traffic location near signalized intersection of Rittiman Rd and FM 78 (68,000+ VPD); dense retail corridor with national tenants (Walmart, CVS, Ollie's, AutoZone).
  • Strong demographics within a 5-mile radius.

Property Details for 6380 Rittiman Rd

Property type
Retail properties, Restaurants
Square Feet
3,105 SF
Year Built/Renovated
1988/2005
Lot Size (sq. ft)
19,166 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4804324
Longitude
-98.3624435
6380 Rittiman Rd, San Antonio, Texas

FAQs

What type of property is this?
Retail property - Fee Simple Pizza Hut, 15-Year Lease
Where is the retail property located?
The property is located at 6380 Rittiman Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $1,781,321.
What are key features of this property?
This property features: Brand new 15-year absolute NNN lease with scheduled rent increases; established Pizza Hut franchise.; Fee simple ownership; zero landlord responsibilities.; High-traffic location near signalized intersection of Rittiman Rd and FM 78 (68,000+ VPD); dense retail corridor with national tenants (Walmart, CVS, Ollie's, AutoZone).
How can I contact the broker?
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6380 Rittiman Rd
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