Investment Highlights

NEW 15-YEAR ABSOLUTE NNN CORPORATE LEASE WITH SCHEDULED RENTAL INCREASES TO STRONG RETAIL TENANT
» New 15-year absolute NNN lease with five (5) five (5) year options
» 7.5% rental increases every five years, providing a hedge against inflation
» No landlord management, ideal for an out-of-area investor
» Property features 7-Eleven’s QSR concept, Taco Laredo, combining a traditional store with a QSR
» 7-Eleven, Inc. is an investment grade tenant with a “AA-” rating from Standard & Poor’s
» 7-Eleven is the largest convenience retail chain in the world, with more than 67,000 stores worldwide

LOCATED IN AN INFILL AND POPULUS TEXAS RETAIL CORRIDOR
» In-fill location situated at the hard-signalized intersection of San Pedro Avenue (one of the major north/south arterials for San Antonio) and Jackson Keller Road (43,434 AADT)
» Minutes from I-281 (144,223 AADT), I-10 (209,796 AADT), and I-410 (238,967 AADT), providing massive traffic drivers for the site
» Surrounded by high-density single-family housing developments and large multi-family complexes
» Dense population of 336,387 residents within a five-mile radius of the site, providing an extremely large customer base for the property (14% growth since 2010)
» Average household income of $79,221 within three miles with a projected increase of 9% by 2026

HIGH VISIBILITY LOCATION NEAR LARGE EMPLOYERS, RETAILERS, COMMUNITY HUBS, AND SCHOOLS
» Surrounded by a strong mix of local and national retailers, including H-E-B, Caliber Collision, Pep Boys, Whataburger, McDonald’s, Walgreens, O’Reilly Auto Parts, Chase Bank, and many others
» Half a mile from Nimitz Middle School (1,235 students), 1.1 miles from Legacy of Educational Excellence High School (2,525 students), and minutes from 13 other schools
» Three miles from San Antonio International Airport (5+ million passengers per year)
» Texas is an income tax free state

Property Description

SOLD

The property is an in-fill location situated at the hard-signalized intersection of San Pedro Avenue (one of the major north/south arterials for San Antonio) and Jackson Keller Road (total traffic count of 43,434 AADT), and is surrounded by an abundance of single-family residential neighborhoods and multi-family complexes. Visibility to the property is increased by the site’s centralized location in a densely populated, affluent, and growing retail corridor. With a dense population of 336,387 residents within a five-mile radius of the site, the five-mile population has increased over 14% in this last 10 years, providing an extremely large customer base for the property. Moreover, the property is minutes from I-281 (144,223 AADT), I-10 (209,796 AADT), and I-410 (238,967 AADT), providing massive traffic drivers for the site. The 7-Eleven is surrounded by a strong mix of local and national retailers, including H-E-B, Caliber Collision, Pep Boys, Whataburger, McDonald’s, Walgreens, O’Reilly Auto Parts, Chase Bank, and many others.

The property is located a half mile from Nimitz Middle School (1,235 students), 1.1 miles from Legacy of Educational Excellence High School (2,525 students), and minutes from 13 other schools, providing further exposure to the site. Moreover, the property is three miles from San Antonio International Airport, which hosts 4.5+ million passengers per year. In summation, due to the extremely dense 5-mile radius, convenient location just off of several major freeways, and its location on a hard-signalized corner, the site is poised for long-term success in the San Antonio market.