6616 Loop 1604 San Antonio, TX 78250

Property Records

Highlights

Corporate ground lease with a prominent national restaurant tenant.
Exceptional deal economics featuring below-market rent and a low purchase price.
15-year triple-net (NNN) ground lease, starting in 2017, with three 5-year renewal options.
10% rent increases every five years throughout the lease term and renewal options.

Where is the retail property located?: The property is located at 6616 Loop 1604 San Antonio, TX.
What is the asking price?: The asking price for this property is $2,979,000.
What are key features of this property?: This property features: Corporate ground lease with a prominent national restaurant tenant.; Exceptional deal economics featuring below-market rent and a low purchase price.; 15-year triple-net (NNN) ground lease, starting in 2017, with three 5-year renewal options.
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