3100 Broadway Retail
3100 Broadway Street, San Antonio, TX 78209
- Cap Rate:
DuWest Realty is pleased to offer for sale the recently renovated, two-tenant retail center on Broadway Street in San Antonio, Texas. This building takes advantage of excellent visibility and access along the Broadway Corridor, the primary artery connecting downtown San Antonio to the affluent neighborhood of Alamo Heights. The center was recently expanded to allow Starbucks to utilize the existing drive-thru window, which has been grandfathered in. Drive-thrus are now restricted on new construction in the Rio-1 overlay district.
Starbucks commenced a brand-new corporate10-year lease on October 9, 2017 that includes 10% bumps every 5 years and four 5-year options. The Verizon Wireless lease includes annual rent increases and is operated by Cellular Sales which is the largest Verizon dealer in the country with over 560 stores and 4,500 employees.Download Flyer