2301 Pat Booker RdUniversal City, TX 78148

For Sale
$3,657,143 View listing
  • Turn key restaurants
  • 7,745 SF

Property Details for 2301 Pat Booker Rd

Year built
1995
Lot size
1.35 AC
Property size (Sq ft)
7,745 SF
Property type
Turn key restaurants
APN
05047-951-0030
APU
50479510030

Description

This exceptional investment opportunity presents a 7,745 square foot, 100% occupied, Golden Corral restaurant in Universal City, Texas. Located on a 1.35-acre lot at 2301 Pat Booker Rd, this property boasts a 20-year absolute NNN lease with a 7.00% cap rate and $256,000 annual NOI. The lease includes 10% rent bumps every five years and three five-year options. The tenant, Golden Corral, recently completed a $600,000 renovation. This prime location within the San Antonio MSA benefits from high visibility, easy highway access (I-35 and Loop 1604), and proximity to Randolph Air Force Base and numerous other retailers. The strong demographic profile within a 5-mile radius, featuring over 220,000 residents and an average household income of nearly $100,000, further enhances the investment's appeal. Built in 1995 and renovated in 2025, this property offers a secure, long-term investment with significant upside potential. The asking price is $3,657,143.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,488,644
    6.5%
    $2,297,210
    7%
    $2,133,124
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,435,720
    Geo Method
    $4,435,720
  • Alternative Use

    Use
    Valuation
    Residential
    $1,937,783
    Hospitality
    $1,774,998
    Educational
    $1,476,778
    Medical
    $1,527,566
    Retail
    $2,297,210
2301 Pat Booker Rd, Universal City, Texas

Location Insight

City
Universal City
County
Bexar
State
Texas
Latitude
29.5546
Longitude
-98.3149
CBSA code
41700
CBSA name
SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$39,299
$832,160
$879,840
$1,712,000
-
$832,160
$879,840
$1,712,000

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