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Auto Service - Gas-Conv

Auto Center

2521 S Presa St, San Antonio, TX 78210

Listing Price: $950,000

Cap Rate
10.08%
Tenant Name
Rodriguez Auto Center
Years Remaining On Lease
0.4
Gross SF
4,032
Guarantor
Personal Guarantee
Rentable SF
4,032
Price/Gross SF
$235.62
Lease Type
Modified Gross
Rent Per Square Feet
$29.76

Investment Overview

Marcus and Millichap is pleased to present for sale a property leased to an established tire and mechanic shop in the ever gentrifying area of Southtown in San Antonio, Tx. Located at 2521 S. Presa st, this property has less than one-year left on the lease and is structured as a modified gross lease. The landlord is responsible for taxes and insurance only.

This is a great opportunity for another shop or business to buy the current location and cash flow rental income before moving in and taking over the business. As noted before this is also a re-gentrifying area and could be a good site for redevelopment.

Investment Highlights

  • Well established Tire and Mechanic Shop
  • Five Drive-In Bays
  • Gentrifying area of popular Southtown in San Antonio.
  • Corner Lot
  • Twenty-One Foot High Ceilings.
  • Modified Gross Lease
  • Property Also Includes: Tire Changer(Rim Clamp 5065AX), 2-Pole 10,000LB lift, Bearing Press 20 Ton, 80-Gallon Champion Air Compressor, 2-story Tire Rack, 2-Story Muffler Rack, 2-Air hose Rails with Hoses.

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Auto Center

Listing Price: $950,000

Cap Rate
10.08%
Tenant Name
Rodriguez Auto Center
Years Remaining On Lease
0.4
Gross SF
4,032
Guarantor
Personal Guarantee
Rentable SF
4,032
Price/Gross SF
$235.62
Lease Type
Modified Gross
Rent Per Square Feet
$29.76

Investment Highlights

  • Well established Tire and Mechanic Shop
  • Five Drive-In Bays
  • Gentrifying area of popular Southtown in San Antonio.
  • Corner Lot
  • Twenty-One Foot High Ceilings.
  • Modified Gross Lease
  • Property Also Includes: Tire Changer(Rim Clamp 5065AX), 2-Pole 10,000LB lift, Bearing Press 20 Ton, 80-Gallon Champion Air Compressor, 2-story Tire Rack, 2-Story Muffler Rack, 2-Air hose Rails with Hoses.

Investment Overview

Marcus and Millichap is pleased to present for sale a property leased to an established tire and mechanic shop in the ever gentrifying area of Southtown in San Antonio, Tx. Located at 2521 S. Presa st, this property has less than one-year left on the lease and is structured as a modified gross lease. The landlord is responsible for taxes and insurance only. This is a great opportunity for another shop or business to buy the current location and cash flow rental income before moving in and taking over the business. As noted before this is also a re-gentrifying area and could be a good site for redevelopment.

Exclusively Listed By

Financing By

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