Sold at development cost Strategic positioning & signage along i-410 Within 1-mile: -Medina Annex entrance -Lackland AFB entrance -3 schools (2,053 students) -Blue skies tx east (1000+ residents) FILE PHOTO OFFERING | $4,630,822 – 5.50% CAP QuikTrip | corporate absolute nnn 6618 Medina base rd, san Antonio, tx 310.736.4179 Property. New 4,977+ SF building on 1.31+ acre site. JOE CAPUTO Tenant. Lessee: QuikTrip Corporation. Operates 780+ stores across 11 states with 20,000 employees and 2017 annual sales in excess of $11 billion.
[email protected] Lease structure. New 15-year, corporate absolute NNN with Cap Rate increases of 25 basis points every 5 years after the primary term. ALEX TOWER Location. QuikTrip is strategically located along Medina Base Rd. (30,000 VPD) in southwest San Antonio, TX. Medina Base Rd. is a local thoroughfare that
[email protected] provides direct access to Medina Annex of Lackland Airforce Base and the high traffic highway of I-410 (115,000 VPD). With strategic positioning and strong signage along I-410, the subject property stands to capture immediate traffic with direct access from Exit 3B. Within 1-mile of the property is Blue Skies Texas East Community (1,000+ residents), 3 schools with approx. 2,053 total students, Medina Annex entrance, and Lackland AFB Valley High Gate entrance. The immediate trade area features above average population demographics of 77,795 people within a 3-mile radius. Several national credit tenants in the immediate trade area including HEB, AutoZone, O’Reilly, Gold’s Gym, Walgreens, Valero, and many more.