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Guidepost Montessori

San Antonio, Texas

This investment property is situated along E Charles William Anderson Loop, which is the outer most loop that circles the city of San Antonio. This section of the E Charles William Anderson Loop experiences over 143,000 vehicles per day on average. Blanco Road also intersects with the E Charles William Anderson Loop, bringing an additional 31,000 vehicles per day into the immediate area. The subject investment property benefits from being located in a highly populated area. There are more than 65,000 people residing within a three-mile radius of this property and more than 186,000 reside within a five-mile radius. Furthermore, these figures are projected to increase in the coming years. This investment property benefits from being in a very affluent area, the average income within a one-mile radius of this property is greater than $174,000.
The Guidepost Montessori School benefits from being well-positioned near a large amount of housing communities and schools. The subject property is located within a three-mile radius of four academic institutions, including the Ronald Reagan High School and San Antonio Christian School. All four academic institutions have a combined total enrollment of nearly 6,000 students.
Furthermore this investment property is near a highly dense retail corridor consisting of national and local tenants, shopping centers, and medical institutions. Major national tenants include: Target, Whole Foods, Lowe’s, Walgreens, H.E.B, CVS, McDonald’s, Office Depot and so many more. The Vineyard Shopping Center is also located within a one-mile radius and has over 63 additional tenants. Additionally this Guidepost Montessori property benefits from a prominent local medical presence. The Baptist Children’s Hospital at North Central, a state-of-the-art medical facility with approximately 430 beds, is located within a two-mile radius.
San Antonio, a modern city with a distinct Hispanic influence, is the third largest city in Texas and has grown to become the seventh largest in the United States. Most of the downtown area is attractive, with modern skyscrapers intermingled with historic sites (including the Alamo and the Spanish Governors Palace). The Paseo del Rio, or River Walk, contains shops and sidewalk cafes along the San Antonio River, and downtown entertainment is lively. Although the city has a laid-back character, there is a substantial business community that includes the headquarters of SBC Communications (AT&T), Valero Energy, Tesoro Petroleum (oil and gas), Clear Channel Communications and a strong banking and financial presence. Future job growth projections are strong. The South Texas Medical Center is one of the largest in the state, with a substantial medical and biotech research component. San Antonio has all of this and more to offer.

Key Details

Price:
$7,773,664
Cap Rate:
6.25%
Annual Rent:
$485,854
Address:
1623 N Loop 1604 W, San Antonio, Texas 78323
Lease Type:
Modified (NNN)

Original Lease Term:
20 Years
Tenant:
Guidepost Montessori

Broker of record

Tim Speck

License: P: #9002994


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