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3550 N Loop 1604 E
San Antonio, TX 78247
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B
What's Special
Covered Land Play <ul><li>The Absolute NNN lease has seven (7) years of term remaining with two (2) 5-year renewal options. The lease also features a corporate guaranty from Moon Valley Nursery Intermediate Holdings, LLC and rare 3.0% annual rent increases throughout the initial term and during each option.</li><li>Founded in Phoenix, Arizona in 1995, Moon Valley Nurseries is the largest fully-integrated nursery and box tree grower in the U.S., now operating 19 farms and 48 retail locations across Arizona, Cali
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
