11203 Potranco RdSan Antonio, TX 78253

  • Warehouses
  • 5,705 SF
For Sale
$3,400,000 View listing

Property Details for 11203 Potranco Rd

Year built
2013
Lot size
0.66 AC
Property size (Sq ft)
5,705 SF
Property type
Warehouses
APN
19604-001-0080
APU
196040010080

Description

This exceptional investment opportunity presents a 5,808-square-foot, dual-branded Pizza Hut and Wing Street restaurant located at 11203 Potranco Rd, San Antonio, TX 78253. The property sits on a 28,481-square-foot lot and boasts a prime location with excellent visibility on Potranco Road, experiencing over 40,000 vehicles per day. The building features a drive-thru, large indoor dining area, and bar, catering to a substantial customer base. Leased to the nation's second-largest Pizza Hut franchisee, this property offers a secure, long-term investment with a remaining lease term of 15.5 years, extending to April 30, 2040, with two five-year options. The lease includes a 10% rent increase every five years, ensuring consistent growth in rental income. The property's strong performance is evidenced by its 100% occupancy since January 1, 2010, and a current Net Operating Income (NOI) of $188,987, resulting in a 5.56% cap rate. The asking price is $3,400,000, translating to $585.40 per square foot. This location benefits from its proximity to major retailers such as Walmart Supercenter, Costco, HEB Plus, Ross, Michaels, and numerous other national and local businesses, further enhancing its appeal and potential for continued success. The property's strategic placement near Loop 1604, which sees over 40,000 vehicles daily, and its close proximity to SeaWorld (attracting approximately 2 million visitors annually) contribute to its high-traffic environment. The tenant, a highly successful franchisee with a diverse portfolio of restaurants and other ventures, has demonstrated a strong commitment to the property, having invested over $100,000,000 in equity. This investment offers a compelling combination of strong tenant performance, a desirable location, and a secure, long-term lease.

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4355
Longitude
-98.714
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
$38,199
$680,380
$982,630
$1,663,010
-
$680,380
$982,630
$1,663,010

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