Fred Loya Insurance NNN Two Tenant Investment

406 & 426 Enrique M Barrera Pkwy, San Antonio, TX 78237

Property Highlights & Information

  • Fred Loya Insurance: Corporate lease, $975m annual revenue (per Dun & Bradstreet)
  • China Express (with drive-thru): 7 year NNN lease with 17% rent increase in year 6. Lease is personally guaranteed. Tenant is an experienced restaurateur.
  • Significant improvements to the property this year including LED Lighting and a new roof with a 15 yr warranty on China Express
  • Over 145,000 population within 3 miles and more than 378,000 within 5 miles. And a daytime population of over 300,000 within 5 miles
  • Less than 3 miles to Port San Antonio and Joint Base San Antonio.
  • Joint Base San Antonio: Over 73k jobs generating almost $13B in after-tax income
  • Port San Antonio: Houses more than 80 organizations employing over 14,000, generating over $5.2B in annual economic activity in the region.

Available Opportunities

No Currently Available Opportunities

Demographic Information

Population (3m)142,983
Average Household Income (3m)$49,834
Traffic CountOld Hwy 90 W (Enrique M Barrera Pkwy ): 17,456 VPD (Source: CoStar 2018)
Sw 34th St: 5,401 VPD (Source: CoStar 2020)

Location

Brokers

Alan Rust, CCIM
Principal - Investment Sales

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