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Auto Service - Gas-Conv

Circle K

5530 Military Dr W, San Antonio, TX 78242

Listing Price: $1,340,308

Cap Rate
6.50%
Tenant Name
Circle K
Years Remaining On Lease
5.7
Guarantor
Subsidiary of a Corporation
Rentable SF
2,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.00

Investment Overview

2,640 SF Circle K Consisting of Four Fuel Pumps in W Military Drive, San Antonio, TX

Investment Highlights

  • 2,640 SF Circle K Consisting of Four Fuel Pumps
  • NNN Lease – No Landlord Responsibilities
  • Tenant Recently Renewed its Lease Demonstrating a Strong Commitment to this Location | Tenant has Occupied this Location Since 2010
  • Upcoming 10% Rent Increase on 1/1/2025
  • Three, Five-Year Renewal Options Remaining with 10% Rent Increase in Each Option Period
  • Situated On Military Drive | 13,772 AADT
  • Located Outside the Entrance to Lackland Air Force Base | Situated Between JBSA-Kelly Field Annex Air Force Base and JBSA-Lackland and Medina Training Annex Military Base
  • Across From Lackland Independent School District, Comprised of Two Schools: Lackland Elementary and the Virginia Allred Stacey Jr-Sr High School | 910 Total Students

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Auto Service - Gas-Conv

Circle K

Listing Price: $1,340,308

Cap Rate
6.50%
Tenant Name
Circle K
Years Remaining On Lease
5.7
Guarantor
Subsidiary of a Corporation
Rentable SF
2,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.00

Investment Highlights

  • 2,640 SF Circle K Consisting of Four Fuel Pumps
  • NNN Lease – No Landlord Responsibilities
  • Tenant Recently Renewed its Lease Demonstrating a Strong Commitment to this Location | Tenant has Occupied this Location Since 2010
  • Upcoming 10% Rent Increase on 1/1/2025
  • Three, Five-Year Renewal Options Remaining with 10% Rent Increase in Each Option Period
  • Situated On Military Drive | 13,772 AADT
  • Located Outside the Entrance to Lackland Air Force Base | Situated Between JBSA-Kelly Field Annex Air Force Base and JBSA-Lackland and Medina Training Annex Military Base
  • Across From Lackland Independent School District, Comprised of Two Schools: Lackland Elementary and the Virginia Allred Stacey Jr-Sr High School | 910 Total Students

Investment Overview

2,640 SF Circle K Consisting of Four Fuel Pumps in W Military Drive, San Antonio, TX

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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