Brevity Coffee Co. GL
SEC of Blanco Rd & Santa Monica
San Antonio, TX 78212
Price: $1,292,308Cap Rate: 6.50%NOI: $84,000Building SF: ~400 SF (Under Construction)Lot Size: 15,837 SFYear Built: 2022Status: Available
New Long Term Absolute NNN Ground Lease With Annual Increases:
- Brevity signed a brand-new lease that will commence approximately 1/1/2023, providing a buyer 15 full years of term (plus options).
- Attractive 1.5% annual increases.
- Seller to credit buyer rent from the closing date to rent commencement date.
- Zero landlord obligations creating a passive, management-free investment.
Ideally Located Across From Thomas Edison High School:
- 1,500 students, teachers and staff creating immediate morning and afternoon customer base.
- Corner parcel providing improved accessibility and visibility along Blanco Road.
- Other national retailers along Blanco Road include McDonald’s, Family Dollar, Sonic Drive In and several other successful national and regional tenants.
High Traffic Along Major Thoroughfare Near Interstate 10:
- The subject property is ideally located Blanco Road, a major north/south corridor in San Antonio, with traffic counts of 20,105 CPD.
- Excellent accessibility to Interstate 10 with huge traffic counts of 176,291 cars per day.
Successful and Growing Local Operator:
- Brevity Coffee currently has 2 successful San Antonio drive thru locations.
- In addition to the subject property, the company has a strategic plan to add several new units in 2022 and 2023.
Densely Populated Trade Area:
- There are a significant number of surrounding rooftops with 151,792 people in the 3-mile radius and 372,938 in the 5-mile radius.