6115 Ingram RdSan Antonio, TX 78238
- Turn key restaurants
- 3,195 SF
Property Details for 6115 Ingram Rd
- Year built
- 1991
- Lot size
- 0.51 AC
- Property size (Sq ft)
- 3,195 SF
- Property type
- Turn key restaurants
- APN
- 13465-001-0080
- APU
- 134650010080
Description
This exceptional investment opportunity presents a fee-simple owned Pizza Hut restaurant in San Antonio, Texas. Boasting a brand new 15-year absolute NNN lease with scheduled rent increases, this 3,195 square foot property sits on a 0.51-acre lot and enjoys a prime location on Ingram Road, a major retail thoroughfare averaging 32,200 vehicles per day. The property benefits from convenient access to Interstate 410 (over 204,000 VPD), placing it within a dense retail corridor alongside national tenants such as Best Buy, Macy's, CVS, and Walgreens. Built in 1991, this single-tenant property offers a strong 5.60% cap rate and a substantial net operating income (NOI) of $96,475. The lease includes four 5-year renewal options, providing long-term stability and predictable cash flow. The franchisee tenant is an experienced operator, further mitigating risk. This is a rare opportunity to acquire a high-performing, passively managed retail asset in a thriving market with strong demographics within a 5-mile radius. The asking price is $1,722,767, translating to $539.21 per square foot. This investment offers significant upside potential and minimal landlord responsibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $847,593
- 6.5%
- $782,394
- 7%
- $726,509
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,829,842
- Geo Method
- $1,829,842
-
Alternative Use
- Use
- Valuation
- Residential
- $659,978
- Hospitality
- $604,537
- Educational
- $502,968
- Medical
- $520,265
- Retail
- $782,394
Location Insight
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Latitude
- 29.4667
- Longitude
- -98.6052
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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