3111 Thousand Oaks DrSan Antonio, TX 78247

This exceptional investment opportunity presents a 3,432 square foot Bush's Chicken restaurant located at 3111 Thousand Oaks Drive, San Antonio, TX 78247. The property sits on a 0.94-acre lot and boasts a 100% occupancy rate under a Net Lease (NNN) agreement with 11.6 years remaining on a 20.1-year lease, commencing May 25, 2016, and expiring June 30, 2036. The lease includes four 5-year renewal options and features a 10% rent increase every five years, providing a hedge against inflation and ensuring consistent NOI growth. The current annual Net Operating Income (NOI) is $181,840, resulting in a 5.50% cap rate and a price per square foot of $963.34. The asking price for this turnkey investment is $3,306,181. The lease is secured by both a corporate and personal guarantee from Bush's Chicken, a well-established brand with over 75 locations nationwide. Further enhancing the investment's appeal is a supplemental income stream generated by a Clear Channel billboard lease with approximately 3.5 years remaining. The property benefits from its prime San Antonio location in a high-traffic area, exceeding 30,000 vehicles daily, and its proximity to major economic drivers such as Northeast Baptist Hospital and San Antonio International Airport. The surrounding area boasts a strong demographic profile, with over 100,000 residents within a 5-mile radius and an average household income exceeding $80,000. Built in 2013, this property offers a secure, passive income stream with significant long-term growth potential.