Recent Lease Extension | Corporate-Guaranteed Lease With 6.9 Years Remaining
– The double-net lease is guaranteed by Mattress Firm’s corporate entity. The tenant is responsible for the operation, management, and maintenance of the common area, including the parking area, landscaping, HVAC and more. The tenant has also recently invested capital in the property, including repaving and restriping the parking lot. Landlord responsibilities are limited to the foundation and roof replacement.
Exceptional Visibility Along US 281 (164,915 VPD) With Direct San Pedro Avenue Access
– Positioned along San Pedro Avenue, the site provides direct access to US 281 and is surrounded by national retailers including Target, H-E-B, The Home Depot, PetSmart, and Hobby Lobby.
Dense and Affluent North San Antonio Trade Area With 245,212 Residents and $106,317 Average Household Income
– The property serves a dense North San Antonio trade area supported by 245,212 residents, 344,111 daytime employees, and average household income exceeding $106,317 within a five-mile radius. Nearby office users, medical facilities, and surrounding commercial activity support consistent consumer traffic throughout the day.
Approximately Five Miles to San Antonio International Airport (10M+ Annual Passengers)
– The airport generates an estimated $5.2 billion to $7.4 billion in annual economic impact for the Greater San Antonio area and supports approximately 46,000 to 55,000 regional jobs.
14,565-SF Mattress Firm SuperCenter Format on 1.23 Acres
– The subject property operates as a Mattress Firm SuperCenter — a larger, flagship store format. At 14,565 square feet, the building is significantly larger than a typical Mattress Firm store (which generally ranges from 3,500–5,000 SF), allowing the tenant to carry a broader product assortment and serve higher customer volume.
Outparcel to Multi-Tenant Power Center Anchored by Burlington
– The property is positioned as an outparcel to a multi-tenant power center anchored by Burlington, with additional outparcels including Panera Bread and Twin Liquors.
Largest Mattress Retailer in the U.S. | 2,000+ Locations Nationwide
– Mattress Firm is the largest specialty mattress retailer in the United States, providing investors with a nationally recognized, corporate guaranteed income stream backed by one of the most established brands in the single-tenant net lease space.
Austin–San Antonio Metro Population Projected to Grow by 3M+ by 2050
– Often referred to as the “Austin-San Antonio Metroplex,” the Central Texas corridor is projected to become one of the nation’s largest population centers, with significant growth anticipated between Austin, San Marcos, New Braunfels, and San Antonio over the coming decades.
