offering memorandum - loopnet€¦ · improvements thereon, or the financial condition or business...

OFFERING MEMORANDUM

SAN ANTONIO TEXAS

Offers Rare Rent Escalations

CONFIDENTIALITY AND DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

NON-ENDORSEMENT NOTICEMarcus & Millichap Real Estate Investment Services, Inc. (“M&M”) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of w, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of M&M, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOURMARCUS & MILLICHAP AGENT FOR MORE DETAILS.

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Palo Alto Battlefield NHS

Padre Island NS

Big Bend NP

Amistad NRA

Lyndon B. Johnson NHP

Big Thicket N PRES

GuadalupeMountains NP

Carlsbad Caverns NP

White Sands NM

Chickasaw NRA Hot Springs NP

Petroglyph NM

Alibates Flint Quarries NM

Lake Meredith NRA Bandelier NM

Buffalo NR

Pea Ridge NMP

North Fork

Brady Creek

Pedernales River

Kiamichi R.

Illinois River

Wolf Creek

Mora R.

Ute Creek

Gallinas R.

Frio River

Medina River

San Antonio R.

Nueces R.

RIO GRANDE W. Nueces R.Rio Conchos

RIO G

RANDE

Angelina R.

Neches R.Trinity River

Sobi

ne R

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Little River

Sulphur R.

Concho R.

Neches R.

Trinity R.

Colorado R.

Brozas R.

Llano R.

Salt Fork

RED RIVERRed R.

Brazos River

Clear Fork

Pecos R.

Brazos R.

Pecos River

Pecos River

RIO GRANDE

Salt Fork

Cimarron R.

Cimarron R.

Washita River

Candadian R

Beaver R.

Corrizo Creek

Canadian R.

CANADIAN RIVER

Canadian R.

N. Fork Red R.

Pecos R.

Rio

Gra

nde

Hubbard Creek L.

L. Kemp

Red Bluff Reservoir

Abiquiu Res.

L. Altus

L. Arrowhead

Atoka L.

Broken Bow L.

L. Buchanan

Canton L.

Cedar Creek Res.

L. Conroe

L. Corpus Christi

Cross L.

E V Spence Res.

Eagle Mountain L.

Fort Cobb Res.

Fort Gibson L.

L. Houston

L. Hudson

L. J B Thomas

Kaw L.

Keystone L.

Lavon L.

L. Meredith

Millwood L.

Navarro Mills L.

Nimrod L.

Oologah L.

Pine Creek L.

L. Stamford

L. Sumner

L. Tawakoni

Tenkiller Ferry L.

L. Thunderbird

Twin Buttes Res.

Ute Res.

Calcasieu L.

Amistad Res.

Beaver L.

Conchas L.

Falcon Res.

Lake of the Cherokees

L. Livingston

Table Rock L.

L. Texoma

L. Whitney

L. Dardanelle

Eufaula Res.

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D E B A C A

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G U A D A L U P E

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L E A

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L O S A L A M O S

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B R YA N

C A D D O

C A N A D I A N

C A R T E R

C H E R O K E E

C H O C TA W

C I M A R R O N

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C O T T O N

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M C C U R TA I N

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D A L L A S

D A W S O N

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D E LTA

D E N T O N

D E W I T T

D I C K E N S

D I M M I T

D O N L E Y

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E L L I S

E L PA S O

E R AT H

F A L L S

F A N N I N

F AY E T T E

F I S H E R

F L O Y D

F O A R D

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H A R R I S O N

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H A S K E L L

H AY S

H E M P H I L L

H E N D E R S O N

H I D A L G O

H I L L

H O C K L E Y

H O O D

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H O U S T O N

H O W A R D

H U D S P E T H

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H U T C H I N S O N

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J A C K S O N

J A S P E R

J E F F D AV I S

J E F F E R S O N

J I M H O G G

J I MW E L L S

J O H N S O N

J O N E S

K A R N E S

K A U F M A N

K E N D A L L

K E N E D Y

K E N T

K E R R

K I M B L E

K I N G

K I N N E Y

K L E B E R G

K N O X

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LY N N

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M C M U L L E N

M A D I S O N

M A R I O N

M A R T I N

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M ATA G O R D A

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M E D I N A

M E N A R D

M I D L A N D

M I L A M

M I L L S

M I T C H E L L

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M O O R E

M O R R I S

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PA N O L A

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PA R M E R

P E C O S P O L K

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R A N D A L L

R E A G A N

R E A L

R E D R I V E R

R E E V E S

R E F U G I O

R O B E R T S

R O B E R T S O N

R O C K W A L L

R U N N E L S

R U S K

S A B I N E

S A NA U G U S T I N E

S A NJ A C I N T O

S A N PAT R I C I O

S A N S A B A

S C H L E I C H E R

S C U R R Y S H A C K L E F O R D

S H E L B Y

S H E R M A N

S M I T H

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S TA R R

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S U T T O N

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T E R R Y

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T O MG R E E N

T R AV I S

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U P S H U R

U P T O N

U VA L D E

VA L V E R D E

VA NZ A N D T

V I C T O R I A

W A L K E R

W A L L E R

W A R D

W A S H I N G T O N

W E B B

W H A R T O N

W H E E L E R

W I C H I TAW I L B A R G E R

W I L L A C Y

W I L L I A M S O N

W I L S O N

W I N K L E R

W I S E

W O O D

Y O A K U M

Y O U N G

Z A PATA

Z AVA L A

Anthony

Bernalillo

Bosque Farms

Clayton

Corrales

Eunice

Jal

Ruidoso

Santa Rosa

Santo Domingo Pueblo

Taos

Tularosa

White Sands

Belen

Espanola

Holloman AFBLovington

Portales

Raton

Socorro

Tucumcari

White Rock

Antlers

Arkoma

Atoka

Bristow

Broken Bow

Carnegie

Chandler

Checotah

Cherokee

Cleveland

Coalgate

Eufaula

Fairview

Glenpool

Grove

Hartshorne

Heavener

Hennessey

Hobart

Hollis

HominyJay

Lindsay

Lone Grove

Mangum

Marietta

New Cordell

Newkirk

Noble

Nowata

Okemah

Pawhuska

Picher

Prague

Purcell

Sayre

Spiro

Stigler

Stilwell

Tishomingo

Tonkawa

Tuttle

Walters

Watonga

Waurika

Wynnewood

Alva

Clinton

Elk City

Frederick

Guymon

Holdenville

Hugo

Idabel

Marlow

Perry

Poteau

Sulphur

Tahlequah

Turley

Vinita

Wewoka

Branson

Cassville

MonettNeosho

Alma

Ashdown

Bella Vista

Berryville

Booneville

De Queen

Greenwood

Hot Springs Village

Nashville

Prescott

Waldron

Clarksville

Mena

Siloam Springs

Homer

Many

Vivian

Leesville

Mansfield

Springhill

Abernathy

Albany

Alvarado

Anson

Anthony

Bacliff

Ballinger

Bastrop

Bellville

Bessmay-Buna

Big Lake

Bishop

Boerne

Burnet

Caldwell

Canadian

Canton

Cedar Park

Cisco

Clarendon

Clarksville

Clifton

Clyde

Comanche

Cooper

Cotulla

Crane

Crosbyton

De Kalb

De Leon

Decatur

Devine

Dilley

Dublin

Eldorado

Elgin

Fabens

Fairfield

Floresville

Floydada

Freer

Friona

Fritch

George West

Giddings

Glen Rose

Groesbeck

Hale Center

Hallettsville

Hamilton

Haskell

Hebbronville

Henrietta

Hidalgo

Howe

Idalou

Jefferson

Junction

Karnes City

Kenedy

Kountze

Kyle

La Grange

Laughlin AFB

Lindale

Livingston

Llano

Lockney

Lone Star

Lumberton

Madisonville

Malakoff

Marble Falls

Marfa

Mason

McCamey

Memphis

Mineola

Morton

Muleshoe

Nixon

Nocona

Olney

Olton

Ozona

Paducah

Palacios

Panhandle

Post

Premont

Quanah

Ralls

Ranger

Refugio

Rockport

Rosebud

Rotan

Rusk

San Augustine

San Saba

Sanger

Schulenburg

Seagraves

Sealy

Seymour

Shamrock

Sonora

Spearman

Spring Valley

Stafford

Stamford

Stanton

Stinnett

Sweeny

Three Rivers

Tomball

TrinityVan Horn

Wake Village

Wellington

West

West Lake Hills

Wills Point

Winnie

Winnsboro

Winters

Woodville

Zapata

Alpine

Aransas Pass

Atlanta

Bellmead

Bowie

Brady

Breckenridge

Cameron

Carrizo Springs

Center

Childress

Cleveland

Coleman

Colorado City

Crockett

Crystal City

Cuero

Dalhart

Diboll

Dimmitt

Edna

Falfurrias

Fort Stockton

Gatesville

Georgetown

Gilmer

Gonzales

Graham

Hearne

Highlands

Hillsboro

Hitchcock

Iowa Park

Jasper

Kermit

Kirby

Littlefield

Live Oak

Lockhart

Luling

Marlin

Mathis

Mexia

Monahans

Navasota

Pearsall

Perryton

Pleasanton

Raymondville

Rio Grande City

San Diego

Seminole

Sinton

Tulia

WhartonYoakum

Carlsbad

Clovis

Hobbs

Las Cruces

Roswell

South Valley

Alamogordo Artesia

Las Vegas

Los Alamos

Bartlesville

Del City

EdmondMuskogee

Ponca City

Shawnee

Stillwater

Ada

Altus

Ardmore

Bethany

Chickasha

Claremore

Duncan

Durant

El Reno

Fort Sill

Guthrie

McAlester

Miami

Okmulgee

Sapulpa

Woodward

Fayetteville

Hot Springs

Arkadelphia

Hope

Magnolia

Rogers

Russellville

Springdale

Texarkana

Van Buren

De Ridder

Fort Polk South

Minden

Natchitoches

Bryan

Del Rio

Denton

Harlingen

Killeen

Kingsville

Lufkin

Nacogdoches

Paris

Sherman

Temple

Texas City

Aldine

Alice

Andrews

Athens

Beeville

Belton

Big Spring

Borger

Brenham

Brownfield

Brownwood

Burkburnett

Burleson

Canyon

Champions

Cleburne

Conroe

Copperas Cove

Corsicana

Dumas

Eagle Pass

El Campo

Ennis

Fort Bliss

Freeport

Friendswood

Gainesville

Greenville

Groves

Henderson

Hereford

Huntsville

Jacksonville

Kerrville

Kilgore

Lackland AFB

Lamesa

Lancaster

Levelland

Lewisville

McKinney

Mission

Nederland

New Braunfels

Orange

Palestine

Pampa

Pecos

Plainview

Port Lavaca

Portland

Rosenberg

Round Rock

San Benito

San Marcos

Seguin

Snyder

Stephenville

Sulphur Springs

Sweetwater

Uvalde

Vernon

Aguhta

Anahuac

Benavides

Bustamante

Cadereyta

Candela

Castanos

China

Cienega De Flores

Ciudad Camargo

Ciudad Cuauhtemoc

Ciudad Lerdo

Delicias

El Alamo

El Carmen

General Bravo

General Cepeda

General Teran

General Zuazua

Gomez Palacio

Guadalupe

Guerrero

Jimenez

Matamoros

Meoqui

Montemorelos

Morelos

Muzquiz

Nadadores

Naica

Nava

Nueva Rosita

Parras

Potrero Del Llano

Progreso

Ricardo Flores Magon

Rio Bravo

Sabinas

Sabinas Hidalgo

San Buenaventura

San Luis Del Cordero

San Pedro

San RafaelSantiago Papasquiaro

Viesca

Villa Ahumada

Villa Frontera

Villa Union

Villaldama

Zaragoza

Zaragoza

Enid

Lawton

NormanFort Smith

Lake Charles

Amarillo

Beaumont

GarlandIrving

Lubbock

Pasadena

Waco

Abilene

Baytown

Brownsville

Galveston

Grand Prairie

Laredo

Longview

McAllen

MidlandOdessa

Plano

Port Arthur

Richardson

San Angelo

Tyler

Victoria

Wichita Falls

Matamoros

Reynosa

Albuquerque

Tulsa

Shreveport

Corpus Christi

Dallas

El Paso

Fort Worth

Houston

San Antonio

Santa Fe

Oklahoma City

Austin

Chihuahua

Monterrey

Saltillo

Arkansas

Louisiana

New Mexico

Oklahoma

Missouri

TEXAS

Mexico

Investment Summary .........................................1Investment Highlights.........................................2Aerial Map .........................................................4Tenant Summary ................................................5Site Plan ............................................................7Area Map ...........................................................8 Location Overview ............................................10Location Highlights ...........................................13Demographics ..................................................14

TABLE OF CONTENTS

O V E R V I E WPrice $8,290,000

Gross Leasable Area (GLA) 14,600 SF

Lot Size (approx.) 1.69 Acres

Net Operating Income $435,226

CAP Rate 5.25%

Year Built / Renovated 2015

L E A S E A B S T R A C TLease Type NNN

Lease Term Remaining 21.4 Years

Lease Start 7/16/2015

Lease Expiration 1/31/2041

Renewal Options 5x5

Increases 5% rent bumps during option periods

Roof & Structure Tenant Responsible

7031 MARBACH RD, SAN ANTONIO, TX 78227

PRICE: $8,290,000 CAP: 5.25% RENT: $435,226

INVESTMENT SUMMARY

A N N U A L I Z E D O P E R AT I N G D ATA

Lease Term Annual Rent

Current Term $435,226

Option 1 $456,987

Option 2 $479,836

Option 3 $503,828

Option 4 $529,019

Option 5 $555,470

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INVESTMENT HIGHLIGHTSThis 25 year true NNN lease offers a passive investor a true sleep-at-night opportunity, not only in the present but also going forward for at least the next 21.4 years.

The lease calls for a very rare bonus of 5% rent escalations during the anniversary of each option period, of which there are five 5-year options.

Not only does the investment hedge against inflation, but it is strategically located at the hard corner of West Military Drive and Marbach Road.

Built in 2015, this investment grade opportunity carries no landlord responsibilities, making it a truly passive investment opportunity with a strong and stable return.

NNN25 year NNN lease

with 21.4 years remaining on base term

Features excellent visibility: Daily traffic counts exceed

41,000 vehicles per day passing directly in

front of the site

Newer construction, built in 2015

1.3 miles from Lackland Air Force Base, the largest Air Force Base installation

in the Country

Located just 3-miles from an Amazon

Fulfillment Center

Barriers to entry due to both government

and infill presence

3

INVESTMENT HIGHLIGHTS t Rent increases! Very rare in drugstore leases

t Important strategic location across from Walgreens

t True hard-corner location with 41,000 cars per day

at intersection

t San Antonio is the 7th most populous city in the

country, and 2nd largest city in Texas

t Infill location with dense population (16,851 residents

within one mile radius)

t True NNN lease with zero landlord responsibilities

t Guaranteed by CVS corporate (NYSE:CVS)

24,400 VPD

289,619TOTAL POPULATION WITHIN 5-MILE RADIUS

$55,704AVERAGE HOUSEHOLD INCOME WITHIN 7-MILE RADIUS

- W MILITARY DRIVE

16,665 VPD - MARBACH ROAD

5

MARBACH ROAD – 16,665 VPD

W M

ILITARY DR – 24,400 VPD

I-410

Walgreens

John Jay High School

Cable Elementary School

Matheson (Air Separation Unit) USAF

Anson Jones Middle School

San Antonio Event Center

3.4 miles south of site

Lackland Air Force Base

Mary Hull Elementary School

Westwood Terrace Elementary School

Sunnybrook Christian Academy

Part of Lackland AFB

6

TENANT SUMMARYCVS Health Corporation is a Fortune 500® company (#7) and one of the nation’s largest and most innovative health care providers. Together with its subsidiaries, the company provides integrated pharmacy health care services in 43 states across the U.S, the District of Columbia, and Puerto Rico and operates through two critical business segments; pharmacy services and retail pharmacy. What makes CVS unique among its competitors is the company’s proprietary and fully integrated pharmacy benefit management system. The PBM system was created through the company’s acquisition of the Caremark brand in 2007. This segment serves employers, insurance companies, unions, government employee groups, health plans, managed Medicaid plans and plans offered on public and private organizations, other sponsors of health benefit plans, and individuals under the CVS/caremark Pharmacy Services, Caremark, CarePlus CVS/pharmacy, RxAmerica, Accordant, SilverScript, Coram CVS/specialty, NovoLogix, and Navarro Health Services names. The retail pharmacy segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, personal care products, convenience foods, seasonal merchandise, and greeting cards, as well as provides photo finishing services.

CVS acquired Aetna for $70 Billion. Aetna Inc. is one of the Nation’s Leading Diversified Health Care Benefits Companies with a network that stretches across the Country / Globe. Pro Forma CVS / Aetna combined Annual Revenue is $221 Billion.

S&P Investment Grade Credit Rating of “BBB” for the Parent Company. Parent Company currently #7 on the Fortune 500. The CVS / Aetna Merger, will create a Fortune #4 Company with more than $18 Billion in Pro Forma EBITDA.

7

WOONSOCKET, RIHEADQUARTERS

OWNERSHIP INDUSTRY

LOCATIONSFOUNDED

RETAIL DRUG STORE

9,8001964

PUBLIC

CEO

LARRY J. MERLO

EVP/COO

JONATHAN C. ROBERTS

CVS PHARMACY

8

W M

ILITARY D

RIVE

MARBACH ROAD

SITE PLAN

9

San Antonio

Leon ValleyAlamo Heights

Terrell Hills

China Grove

Cibolo

Cross Mountain

AtascosaElmendorf

Selma

Windcrest

Helotes

Universal City

10

Located on the SWC of Marbach Rd & W. Military Dr, directly across the street from the subject property.

In this center is a Check ’N Go, Rent-A-Wheel/Rent-A-Tire and Dairy Queen.

11

SAN ANTONIO, TEXASSan Antonio is the seventh most populous city in the United States and the second most populous city in both Texas and the Southern United States. San Antonio’s notable attraction includes the River Walk, the Tower of the Americas, SeaWorld, the Alamo Bowl, and Marriage Island. Commercial entertainment includes Six Flags Fiesta Texas and Morgan’s Wonderland amusement parks. According to the San Antonio Convention and Visitors Bureau, the city is visited by about 32 million tourists a year. It is home to the five-time NBA champion San Antonio Spurs, and hosts the annual San Antonio Stock Show & Rodeo, one of the largest such events in the United States.

The U.S. Armed Forces have numerous facilities in and around San Antonio; Fort Sam Houston is the only one within the city limits. Lackland Air Force Base, Randolph Air Force Base, Lackland AFB/Kelly Field Annex, Camp Bullis, and Camp Stanley are outside the city limits. Kelly Air Force Base operated out of San Antonio until 2001, when the airfield was transferred to Lackland AFB. The remaining parts of the base were developed as Port San Antonio, an industrial/business park and aerospace complex. San Antonio is home to six Fortune 500 companies and the South Texas Medical Center, the only medical research and care provider in the South Texas region.

The subject site is most influenced by: Lackland Air Force Base is home to more than 120 Department of Defense and associate organizations, including the 37th Training Wing, the largest training wing in the U.S. Air Force. Lackland is the Air Force’s only site for enlisted basic military training, and also offers professional and technical skills, and English language training for members of the U.S. Air Force, other military services, government agencies, and allies. Its four primary training functions graduate more than 86,000 students annually. In 2005, Lackland was recommended for joint basing for the three major installations around the city: Fort Sam Houston, Lackland AFB and Randolph AFB. In 2009, all 3 bases were included into Lackland AFB.

San Antonio has a diversified economy with a gross domestic product (GDP) of approximately $96.8 billion. This ranks the city fourth in Texas and 38th in the United States. San Antonio’s economy focuses primarily on military, health care, government-civil service, financial services, oil and gas, and tourism. Within the past twenty years, the city has become a significant location for American-based call centers and has added a sizable manufacturing sector centered around automobiles.

Located about 10 miles northwest of Downtown is South Texas Medical Center, a conglomerate of various hospitals, clinics, and research (Southwest Research Institute and Texas Biomedical Research Institute) and higher educational institutions.

LOCATION OVERVIEW

13

Over twenty million tourists visit the city and its attractions every year, contributing substantially to its economy, primarily due to The Alamo and the River Walk. The Henry B. Gonzalez Convention Center alone hosts over 300 events annually with more than 750,000 convention delegates from around the world. Tourism provided over 130,000 jobs, and it had an economic impact of $13.6 billion in the local economy. The City of San Antonio received $195 million in the same year from the hospitality industry, with revenues from hotel occupancy tax, sales taxes and others.

San Antonio is the headquarters of six Fortune 500 companies: Valero Energy, Andeavor (formerly Tesoro Corp), USAA, iHeartMedia, NuStar Energy, and CST Brands, Inc., H-E-B, the 13th-largest private company in the US is also based in San Antonio. Other companies headquartered in the city include Bill Miller Bar-B-Q Enterprises, Carenet Healthcare Services, Security Service Federal Credit Union, Visionworks of America, Frost Bank, Harte Hanks, Kinetic Concepts, SWBC, NewTek, Rackspace, Taco Cabana, Broadway Bank, Zachry Holdings/Zachry Construction Company, Randolph-Brooks Federal Credit Union, SAS, and Whataburger. The North American Development Bank, a development institution jointly held by the governments of the U.S. and Mexico, is headquartered in San Antonio as well. Other notable companies that maintain sizable presences in the city include Hulu, OCI, Kaco New Energy, Silver Spring Networks, Toyota, Argo Group, EOG Resources, Microsoft, Cogeco Peer1, and Boeing.

In 2015, San Antonio was ranked at No. 50 by Forbes magazine on their list of the Best Places for Business and Careers, while being listed as the 15th best market for job growth.

The subject CVS: located at 7031 Marbach Rd, San Antonio, TX 78227 is in the epicenter and surrounded by the off-shoots of Lackland AFB. The main gate can be seen from the site. The Veterinary Treatment Facility, US Renal Care-Gateway, Texas Health and Human Services Commission, and H-E-B Pharmacy are all surrounding the site. Additionally, it is near well-known nationwide companies such as Wells Fargo, Enterprise Rent-A-Car, and Dollar Tree. In the surrounding area there are also popular chain restaurants such as Burger King, Pizza Hut, Little Caesars Pizza, McDonald’s, and Sonic Drive-In.

LOCATION OVERVIEW (CONTINUED)

14

Located on the SEC of Marbach Rd & W. Military Dr, directly across the street from the subject property.

In this center is a Chevron Station, Little Cesar’s Pizza, La Fiesta Grocers, Marbach Bingo, LOL Liquors, and Cash American Pawn.

15

San Antonio

Leon ValleyAlamo Heights

Terrell Hills

China Grove

Cibolo

Cross Mountain

AtascosaElmendorf

Selma

Windcrest

Helotes

Universal City

M A J O R E M P L O Y E R S : 2 0 1 7S A N A N T O N I O , T X

Joint Base San Antonio (JBSA) 75,972

H.E.B. Food Stores 22,000

USAA 17,163

Northside Independent School District 13,969

City of San Antonio 12,231

North East Independent School District 9,292

Methodist Health Care System 8,960

San Antonio Independent School District 7,374

Baptist Health Systems 6,432

Wells Fargo 5,010

LOCATION HIGHLIGHTS

Congested Traffic Counts exceed 41,000+

Vehicles Per Day

Strategically located for high visibility and ease

in ingress/egress

SAN ANTONIO, TXNEAR THE GATE OF LACKLAND AIR FORCE BASE

Located near the Gate of the Country’s

largest Air Force Base Training Center

Located just 12 Miles from Downtown

San Antonio

12 Miles from Downtown San Antonio

3.4 Miles from Lackland Air Force Base

Lackland Air Force Base

16

289,619Total Population Within 5-Mile Radius

$55,704Average Household Income

Within 5-Mile Radius

$44,401Median Household Income

Within 5-Mile Radius

9 0,0 93Total Households in 5-Mile Radius

41.79% From 2000

DEMOGRAPHICS / SAN ANTONIO, TX

18

POPULATION 1 MILE 3 MILES 5 MILES2023 Projection

Total Population 18,276 94,345 310,726

2018 Estimate


2010 Census


2000 Census


Current Daytime Population

2018 Estimate 20,064 84,150 259,110

HOUSEHOLDS 1 MILE 3 MILES 5 MILES2023 Projection

Total Households 5,821 29,007 99,981

2018 Estimate


Average (Mean) Household Size 3.16 3.05 3.04

2010 Census


2000 Census


Occupied Units

2023 Projection 5,821 29,007 99,981

2018 Estimate 5,864 27,095 92,336

HOUSEHOLDS BY INCOME 1 MILE 3 MILES 5 MILES2018 Estimate

$150,000 or More 1.06% 1.70% 2.89%

$100,000 - $149,000 4.60% 6.67% 9.58%

$75,000 - $99,999 9.99% 9.97% 11.12%

$50,000 - $74,999 23.12% 21.63% 21.27%

$35,000 - $49,999 16.90% 17.10% 15.61%

Under $35,000 44.33% 42.93% 39.55%

Average Household Income $46,473 $49,869 $55,704

Median Household Income $38,628 $40,190 $44,401

Per Capita Income $14,358 $15,438 $17,848

HOUSEHOLDS BY EXPENDITURE 1 MILE 3 MILES 5 MILESTotal Average Household Retail Expenditure $52,003 $53,095 $58,826

Consumer Expenditure Top 10 Categories

Housing $13,669 $14,142 $15,346

Transportation $10,488 $10,887 $11,853

Shelter $7,490 $7,800 $8,419

Food $5,687 $5,813 $6,183

Personal Insurance and Pensions $3,813 $4,138 $4,894

Utilities $3,421 $3,494 $3,731

Health Care $3,218 $3,113 $3,415

Entertainment $2,088 $2,110 $2,346

Apparel $1,388 $1,451 $1,546

Household Furnishings and Equipment $1,325 $1,379 $1,541

POPULATION PROFILE 1 MILE 3 MILES 5 MILESPopulation By Age

2018 Estimate Total Population 18,279 88,807 289,619

Under 20 32.98% 32.92% 32.51%

20 to 34 Years 22.67% 28.30% 26.08%

35 to 39 Years 6.76% 6.69% 6.97%

40 to 49 Years 12.00% 10.57% 11.26%

50 to 64 Years 14.55% 12.37% 13.52%

Age 65+ 11.04% 9.15% 9.65%

Median Age 31.15 28.28 29.69

Population 25+ by Education Level

2018 Estimate Population Age 25+ 10,909 50,039 168,772

Elementary (0-8) 8.80% 7.85% 8.66%

Some High School (9-11) 16.28% 12.94% 12.81%

High School Graduate (12) 35.03% 32.64% 29.93%

Some College (13-15) 24.01% 25.97% 24.58%

Associate Degree Only 6.14% 6.70% 7.02%

Bachelors Degree Only 6.80% 9.03% 10.35%

Graduate Degree 1.15% 2.93% 4.12%

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SAN ANTONIO TEXAS

LIOR REGENSTREIFSENIOR MANAGING DIRECTOR INVESTMENTS

SENIOR DIRECTOR, NET LEASED PROPERTIES GROUPENCINO OFFICE

Tel: (818) 212-2730Fax: (818) 212-2710

[email protected]: CA 01267761

offering memorandum - loopnet€¦ · improvements thereon, or the financial condition or business...

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