MLS# 1804692 – 5402-5414 W Military Dr, San Antonio, TX 78242

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$1,500,000 - Br/Ba - for Sale in San Antonio
Price: $1,500,000
Lot Size Acres: 1.28
Lot Size SqFt: 55,756
Status: Active
Property Type: Apts/retail/strip/busprk
Year Built: 1967
Days on Website: 197

Courtesy of Sun Larson, Sun Larson (210) 348-0066

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Property Description

Fully leased retail strip center conveniently located on a busy high traffic main Military Drive, directly across from Lackland AFB. Long term tenants on a 2 to 3 year lease basis. Current rent is below market rate. Potential for upside cap rate by new management. First building is a strip center with 6 tenants in 8,302 sq, the second building is a 1,748 sq stand alone restaurant, leased to a long term tenant. Motivated seller. Make offer!

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Property Details and Features

  • Listing
  • Listing date: 2024-08-28 05:00:00
  • 197 days on market
  • 197 cumulative days on market
  • $149 per square foot
  • Location
  • County: Bexar
  • Area: 2200
  • Building
  • Built in 1967
  • Approximate age: 58
  • Building/center name: ROYAL GATE CENTER
  • Brick
  • 10,050 square feet
  • 10,050 retail square feet
  • 1 story
  • 2 buildings
  • Foundation
  • Slab
  • Roof
  • Flat
  • Interior Features
  • Ceiling height: 9
  • Lot
  • Lot size: 1.28
  • Property
  • Zoning: COMMERCIAL
  • Schools
  • School district: South San Antonio.
  • Miscellaneous
  • Gross income: 144120.00
  • Net leasable area: 10050
  • Monthly lease: $0
  • Insurance: 8347.00
  • None
  • Actual
  • None
  • No
  • None
  • 7 rentals
  • 60 parking spaces
  • 7 units
  • Other tax: 0.00
  • Taxes
  • Total tax: $39,005
  • Annual tax: $39,005
  • City tax: $8,611
  • County tax: $11,820
  • $18,574 school tax
  • Property Tax ID: 152860220200
  • Utilities
  • Electricity
  • Gas
  • Water
  • Telephone
  • Sewer
  • Cable TV

Property Map

$1,500,000 – 5402-5414 W Military Dr, San Antonio, TX 78242

Street View

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About Boehm Commercial Group

The Boehm Commercial Group has decades of experience in the Texas Commercial Real Estate Industry.  The vision from day one has been, “Integrity & Honesty”.  Every action taken and every decision made is filtered through this measure.  Our intense focus on being a source of value to our clients has led us on our mission to be relationship driven.  It is very important to develop lifelong relationships, while assisting our clients with their individual goals and objectives.  With broker relationships across the country, we have the ability to scale our services to accommodate the scope of any project. Call the Boehm Commercial Group for your Texas Commercial Real Estate needs. Click HERE to read what our other clients have said.

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