Listing Agency: Trinity Real Estate Investment Services - Corporate Show Phone

Listed By: Justin Williams · License #767727 Show Phone

Source: Moodyscre

Added: Mar 26, 2025 Changed: Oct 1 Last Checked: Oct 20 at 7:36PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This two-tenant medical/retail property is located in Universal City, Texas. The property is 100% occupied by Elite Endodontics and First Command. Situated on a main thoroughfare connecting I-35 and Randolph Air Force Base, the location benefits from dense demographics, with 223,637 residents within a 5-mile radius. The property offers easy access to major Texas Interstate I-35 (159,610 VPD) and Texas 1604 Highway (58,301 VPD). It is located 16 miles from downtown San Antonio, which has a growing MSA population of 2.6 million residents. The property is located in a dense retail corridor with various big box tenants within 2 miles including Walmart, Target, H-E-B, and others generating additional customer traffic to the immediate area. The property size is 10390 square feet.

Key Highlights

• 100% occupied by Elite Endodontics and First Command
• Located on main thoroughfare connecting I‑35 and Randolph Air Force Base
• Extremely dense 5‑mile demographics of 223,637 residents

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$167,383

Cap Rate

5.58%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,347,660 $3.3M

Cap Rate 7%

$2,391,186 $2.4M

Cap Rate 9%

$1,859,811 $1.9M

Is this asking price fair?

Market Conditions

NOI Build-Up for 10,390 SF

Gross rent

$249.4K $24.00/SF

− Vacancy

−$26.2K −$2.52/SF

EGI

$223.2K $21.48/SF

− OpEx

−$55.8K −$5.37/SF

NOI

$167.4K $16.11/SF

Area

Bexar County, TX

Vacancy

10.50%

Lease Rate

$24.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,347,660

Cap Rate 7%

$2,391,186

Cap Rate 9%

$1,859,811

Alternative Uses

Best Use

Office B

$2.39M

$2.09M – $2.79M (±1% cap)

NOI $167,383 @ 7.0% cap · market cap 5.58%

Second Best

Healthcare Medical

$2.07M

$1.81M – $2.42M (±1% cap)

NOI $144,985 @ 7.0% cap · market cap 4.83%

Theoretical Best

Office A

$2.81M

$2.46M – $3.28M (±1% cap)

NOI $196,848 @ 7.0% cap · market cap 6.56%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Kitchen & Bath Showroom Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

755

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Similar For Sale Nearby

See more

Flex Space with Retail Component

1438 Pat Booker Rd, Universal City, TX 78148

Contact for pricing

4,928 SF

View details

Medical Office Space

1652 Pat Booker Road, Universal City, TX 78148

$1,100,000

2,000 SF

View details

Dental Office in Universal City

1702 Pat Booker Rd, Universal City, TX 78148

Contact for pricing

2,893 SF

View details

Established Storefront Retail Property

233 ATHENIAN, Universal City, TX 78148

$599,000

View details

Fully Occupied Retail Center

1626 Pat Booker Rd, Universal City, TX 78148

$2,993,000

16,800 SF

View details

Duplex Property with Central Air

10614 Mathom, Universal City, TX 78148

$675,000

5,684 SF

View details

Four-Unit Quadplex

10719 Mathom Lndg, Universal City, TX 78148

$650,000

5,684 SF

View details

Duplex with Fenced Backyards

10802 Mathom Landing, Universal City, TX 78148

$629,000

5,684 SF

View details

4-Unit Quadplex with Separate Meters

546 Dukeway, Universal City, TX 78148

$525,000

4,828 SF

View details

Four-Unit Property with RUBS

550 Dukeway, Universal City, TX 78148

$545,000

4,672 SF

View details

Four-Unit Property with Separate Electric Meters

554 Dukeway, Universal City, TX 78148

$476,000

4,672 SF

View details

Multi-Tenant Office Campus with Courtyard

300 Kitty Hawk Rd, Universal City, TX 78148

Contact for pricing

16,000 SF

View details

Similar Off Market Nearby

• VetIQ Petcare — 510 Kitty Hawk Rd, Universal City, TX 78148
• Pat Booker Road Animal Hospital — 1706 Pat Booker Rd, Universal City, TX 78148
• Veterinary Medical Association of Bexar County — 1706 Pat Booker Rd, Universal City, TX 78148
• Butler Laurie DVM — 2510 Pat Booker Rd, Universal City, TX 78148
• Universal City Animal Hospital — 2510 Pat Booker Rd, Universal City, TX 78148

Frequently Asked Questions

What type of property is this?

Medical Office Space - Two-tenant medical/retail property in Universal City, Texas.

Where is this medical office space located?

The property is located at 2101 Pat Booker Rd Universal City, TX.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: 100% occupied by Elite Endodontics and First Command; Located on main thoroughfare connecting I‑35 and Randolph Air Force Base; Extremely dense 5‑mile demographics of 223,637 residents