Brevity Coffee Co. GL
6005 Tezel Rd.
San Antonio, TX 78250
Price: $660,000Cap Rate: 5.15%NOI: $34,000Building SF: 380 SFLot Size: 28,880 SFYear Built: 2022Status: Available
INVESTMENT HIGHLIGHTS:
New Long Term Absolute NNN Ground Lease:
- Brevity signed a brand-new lease that will commence in 2022, providing a buyer 15 full years of term (plus options).
- Zero landlord obligations creating a passive, management-free investment.
Walmart Supercenter and HEB Centers:
- Brevity Coffee benefits from its location along a major retail corridor including the adjacent Walmart Supercenter and HEB anchored shopping centers.
- Other national retailers include CVS, McDonalds, El Pollo Loco, KFC, AutoZone, Jiffy Lube, Pep Boys and a number of others
High Traffic Along Major Thoroughfare between 1604 and I-410 Loops:
- The subject property is ideally located along Tezel Road with traffic counts of 26,820 CPD and 33,212 CPD along the cross street, Culebra Road.
- Excellent accessibility with its location between 1604 Loop and I-410 Loop with huge traffic counts of 113,746 CPD and 197,367 CPD respectively.
Major Attractions & Trade Area Generators:
- Sea World San Antonio and Ingram Park Mall, which has over 150 major retailers and departments stores, are both located less than 4 miles from the subject property.
- University of Texas at San Antonio is located north of the property.
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 124,204 people in the 3-mile radius and over 339,002 in the 5-mile radius.