Taco Palenque

Taco Palenque

SHAYDON WOOD TACO PALENQUE RICK CARDUNER [email protected] [email protected] direct 801.456.8810 13719 I-10 direct 210.402.3500 View Profile GARRETT BLOMQUIST SAN ANTONIO, TX 78249 SAM CARDUNER [email protected] [email protected] direct 801.727.4414 direct 210.402.3500 View Profile TABLE OF CONTENTS INVESTMENT 4 SUMMARY PROPERTY 5 FEATURES 5 AREA RETAIL 7 TENANT PROFILE 8 DEMOGRAPHICS TACO PALENQUE 2 Mountain West Commercial | Office 801.456.8800 | www.mtnwest.com TACO PALENQUE CONFIDENTIALITY AND DISCLOSURE 13719 I-10 Mountain West Commercial Real Estate has been retained on an exclusive basis to market the property SAN ANTONIO, TX 78249 described as 13719 I-10, San Antonio, Texas 78249. Broker has been authorized by seller of the property to prepare and distribute the enclosed information for the purpose of soliciting offers to purchase from interested parties. More detailed financial, title and tenant lease information may be made available upon PREPARED BY request following the mutual execution of a letter of intent or contract to purchase between the Seller and the prospective purchaser. You are invited to review this opportunity and make an offer to purchase based upon your analysis. If your offer results in the Seller choosing to open negotiations with you, you will be asked to provide financial references. The eventual purchaser will be chosen based upon an assessment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate. RICK CARDUNER [email protected] The Material is intended solely for the purpose of soliciting expressions of interest from qualified investors direct 210.402.3500 for the acquisition of the Property. The Material is not to be copied and /or used for any other purpose or made available to any other person without the express written consent of Broker or Seller. The Material SAM CARDUNER does not purport to be all-inclusive or to contain all of the information that a prospective buyer may [email protected] require. The information contained in the material has been obtained from the Seller and other sources direct 210.402.3500 and has not been verified by the Seller or its affiliates, agents, representatives, employees, parents, subsidiaries, members, managers, partners, shareholders, directors, or officers, makes any representation or warranty regarding such pro forma. Purchaser must make its own investigation of the Property and any existing or available financing, and must independently confirm the accuracy of the projections contained in the pro forma. Seller reserves the right, for any reason, to withdraw the Property from the Market. Seller has no obligation, express or implied, to accept any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the SHAYDON WOOD Seller, in its sole discretion. By submitting an offer, a purchaser will be deemed to have acknowledged the [email protected] foregoing and agreed to release Seller and Broker from any liability with respect thereto. direct 801.456.8810 View Profile Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information. GARRETT BLOMQUIST [email protected] direct 801.727.4414 View Profile Mountain West Commercial | Office 801.456.8800 | www.mtnwest.com 3 EXECUTIVE SUMMARY & HIGHLIGHTS PRICING LONG TERM LEASE IN PLACE HIGH PERFORMING LOCATION ON I-10 AND NEAR UNIVERSITY OF TEXAS SAN PURCHASE PRICE $7,103,156 ANTIONIO NET OPERATING INCOME $426,189 This location does nearly double the sales as the national average for this chain CAP RATE 6.00% UNIVERSITY OF TEXAS SAN ANTONIO HAS 35,000+ STUDENTS LEASE INFORMATION NEAR UNIVERSITY VILLAGE 114 Acres master planned community in Northwest San Antonio TENANT TRADE NAME Taco Palenque STRONG DAYTIME POPULATION LEASE GUARANTOR GC Ventures, LLC Valero Corporate Headquarters +/-3,700 employees LEASE TYPE NNN Security Service Federal Credit Union Headquarters +/-1,111 employees USAA Corp HQ – 16,000+ employees COMMENCEMENT 6/9/2016 EXPIRATION 6/30/2036 OPTIONS & ESCALATIONS LEASE TERM 20 Years LEASE MONTHLY ANNUAL % START EXPIRATION RENT/SF RENTAL INCREASES 15% Every 5 Years TERM RENT RENT INCREASE INITIAL 6/1/2021 5/30/2026 $35,515.78 $426,189.36 $74.77 EXTENSION OPTIONS Two, 5-Year TERM TENANT’S FIRST RIGHT OF INITIAL Yes 6/1/2026 5/30/2031 $41,172.52 $494,070.24 $86.68 15.93% REFUSAL TERM INITIAL PROPERTY TAXES Tenant Responsible 6/1/2031 5/30/2036 $47,730.23 $572,762.76 $100.48 15.93% TERM INSURANCE Tenant Responsible OPTION 1 6/1/2036 5/30/2041 $55,332.42 $663,989.04 $116.49 15.93% UTILITES Tenant Responsible OPTION 2 6/1/2041 5/30/2046 $64,147.98 $769,775.77 $135.05 15.93% MAINTENANCE Tenant Responsible ADDITIONAL PADS AVAILABLE FOR PURCHASE: *Lot 6 - 1.254 Acres Available for BTS/GL/Sale: Call Agents for Pricing *Lot 8 - 1.692 Acres Available for BTS/GL/Sale: Call Agents for Pricing TACO PALENQUE 4 Mountain West Commercial | Office 801.456.8800 | www.mtnwest.com PROPERTY FEATURES & LAND OVERVIEW 2 , 5 5 8 2 , A 8 1 D 9 1 3 La Cantera T 5 , A 2 7 Golf Club D , 9 5 9 T 5 8 A 2 A D , D T 8 9 T 3 A 2 , D 5 T 5 8 A 2 D , 8 T 9 Six Flags 3 A 1 D Fiesta Texas 1 5 T T , D 7 9 A 5 9 9 A 1 , D 2 PROPERTY DESCRIPTION SAN ANTONIO1 AREA RETAIL T 1 1 5 , 7 9 9 A 2 Location: Traffic Counts: D 2 , 8 T , 5 9 5 3 8 A 1 A 1 D D 5 13719 I-10 San Antonio I-10 Highway: 153,716 (2016) T , The Shops at T 7 2 9 , 89 la Cantera 9 3 T A D D T A A 5 0 2 D ,9 ADT , 5 3 8 T T TX 78249 UTSA Blvd W of IH 10 WB 8458 (Five T 3 AD AD ,9 9 721 994 5 , , T 6 133 1 3 D A A 1 8 3,450 ADT D 5 1 T DT 1 D A 5 1 4 A 85 , 9 8 T 3,9 5, 2 , 3 13 42 ADT 8 ADT 4 ADT T 1,528 133,994 7 AD Lane) 1 , 7 1,8 4 1 T 5 ADT 28 AD 111,10 8 3 Land Area: 11,5 05 ADT T 111,1 A 16 D ,042 AD D ADT T 1 6 A 972 T UTSA Blvd W of IH 10 EB 7261 (Five T 13, 1 T , 4 13,972 AD , D 23 1,528 ADT T 2 ADT 8 58 A 1 AD ,97 1 1.052 or 45,825 SF of Land Area 1,105 13 T 11 3 DT D T 28 A 4 1,528 AD 11,5 A 1 , 1 4 3 4 , 0 DT 2 8 Lane) 72 A 5 13,9 2 3 , 0 0 A 1 A ADT D ,972 D 13 T Building Area: UTSA Blvd E of IH 10 EB 6810 (Five T 1 3 The subject property consists of 4 Valero Energy Corp , Lane) 4 8 3,700 Employees 3 A 1 Restaurant building totaling D UTSA Blvd E of IH 10 WB 5049 (Five T 1 3 4 , 4 8 University of 3 approximately 5,700 SF of gross A D Lane) Texas-San T Antonio 1 0 , Security Service Federal Credit Union 5 leasable area. 0 University Of TX-San Antonio 4 1,111 Employees 1 A 3 D , 4,010 Employees 1 2 T Year Built: 2 3 0 4 , A 4 D 8 Parking: T 3 A 2016 D T 71 Stalls with 2 ADA 1 3 , 2 2 0 1 A 1 1 , 19,859 ADT 19,8 D 4 DT 59 3 19,859 A A T 4 DT 4 0 , 30,851 ADT 30,851 ADT 4 A 8 D 3 T 3 0 A Lot 6 ,8 5 D 1 T A 1 3 D , LAND OVERVIEW T 2 Lot 8 2 0 A D 1 T 3 4 , 4 8 3 T A D 1 A D 5 30,8 30 T Site ,851 A DT 1 3 4 , 4 8 1 3 APN # ADDRESS ACRES SF 3 A , Northside Independent Sch Dist 2 D 2 San Antonio T 1 0 275 Employees 0 A , 5 1 D 0 3 4 T 4 , A 4 D 8 3 T 33,327 ADT A D 13719 I-10 San 1.052 T 15825-012-0070 45,825 SF Antonio Acres 10 1 3 FBI 4 , 350 Employees 4 Acelity 8 3 1,500 Employees A D T 1 3 4 1 , 4 3 8 , ADDITIONAL PADS OVERVIEW 2 3 2 A 0 D A 2 T 0 D 0 T A D T T AD 777 37, 1 3 Locke Hill 4 , DT 4 7 A ,77 Elementary 8 37 3 DT A School APN # ADDRESS ACRES SF A ,777 7 D T 3 AD 777 1 T 37, 1 , 4 1 E ZAVALA RD 23,828 ADT 37,777 ADT 1 4 21,639 ADT D , 3 7 0 3 A A D D T T 1 4 7 , 8 2 1.2540 7 7 3 , 2 A 15825-012-0060 IH 10 West 54,624 SF 8 7 D A T Acres D T 3 1 0 4 , 6 7 3 , 8 7 7 A 3 D A T D T 1 1.6920 4 7 , 8 15825-012-0080 IH 10 West 73,704 SF 7 3 KCI 15,427 ADT BABCOCK RD A Acres 450 Employees D T 5 SAN ANTONIO Mountain West Commercial | Office 801.456.8800 | www.mtnwest.com TEXAS F:\PROJECTS\SL\WOOD\TACOPALENQUE_TX\TT_MAP.MXD - 6/19/2020 MLIAPIS AREA RETAIL UTEX BLVD Lot 6 I I H H Lot 8 1 1 0 0 W Site W 1 1 3 0 , , 2 5 2 558 0 0 556B 4 A A D 1 D 3 T T 4 , 4 8 3 A D T D LV A B UTS T EX A N LVD A B SA D ADT UT 30,851 R TACO PALENQUE 6 Mountain West Commercial | Office 801.456.8800 | www.mtnwest.com BECKWITH BLVD SAN ANTONIO AGENT NAME TEXAS F:\PROJECTS\SL\WOOD\TACOPALENQUE_TX\CLOSEUP.MXD - 6/17/2020 MLIAPIS ANCHOR TENANT PROFILE Juan Francisco Ochoa, known as Don Pancho to his friends and family, was in search of an opportunity to bring his love and passion of Mexican cuisine to the United States.

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