Long John Silver’s

• Attractive Investment Opportunity: Offered at $1,350,000 yielding a 6.70% cap rate based on in-place rental income.
• Absolute NNN Lease | Zero Landlord Responsibilities: Tenant is responsible for all property taxes, insurance, maintenance, and repairs, providing investors with fully passive ownership.
• Corporate Guarantee: Lease is guaranteed by LJS Opco Two, LLC, a subsidiary of Long John Silver’s Corporate, providing additional lease security.
• Established Tenant | 18+ Years of Operating History: Long John Silver’s has operated at this location since 2008, demonstrating a longstanding commitment to the site.
• Below-Market Rent | 7.37% Cap Rate at Increase: Low current rental rate supports sustainable tenant occupancy. At renewal, the deal will increase to a 7.37% cap rate.
• Four 5-Year Renewal Options | 10% Rental Increases: Lease includes four 5-year renewal options with 10% increases during each option period, extending potential occupancy through 2048.
• Highly Functional QSR Asset | Drive-Thru Equipped: The 2,812 SF building features a drive-thru and 27 parking spaces (9.6 spaces per 1,000 SF) situated on a ±1.03-acre parcel, supporting continued restaurant operations and future adaptability.
• Strong Daily Foot Traffic Data: The site ranks in the 86th percentile nationally and 74th percentile in the state of TX for foot traffic data when compared to all other Long John Silver’s sites (100th being the highest).
• High-Traffic Retail Corridor | ±22,198 VPD: Strategically positioned along W Commerce Street, a major east-west thoroughfare providing direct connectivity to Downtown San Antonio.
• Dense Surrounding Demographics: The property benefits from a well-established trade area with more than 350,186 residents and 127,286 households within a five-mile radius.