Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4040 Broadway St San Antonio, TX 78209

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Six-story office building in midtown San Antonio for lease.

    Property size:
    684 SF
    Lot size:
    1.38 Acres

    Property Features for 4040 Broadway St

    General Information

    Size
    684 SF
    Lot size
    1.38 Acres

    We can help!

    Listing Contact
    Brian Young
    Brian Young
    Source: Moodyscre

    Listing Agency: Merit CRE Listing Agent: Brian Young

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Midtown Office Space Available

    The property at 4040 Broadway is a six-story office building offering 98,411 rentable square feet. It is situated in midtown San Antonio, south of Hildebrand Avenue on Broadway Street, with convenient access to the Pearl Brewery and Alamo Heights. The location benefits from an amenity-rich surrounding area and is approximately seven minutes from downtown San Antonio and eight minutes from the San Antonio International Airport. The building features recent lobby renovations, on-site full-service banking and ATM, ample parking, and 24-hour key card access with courtesy patrol. Available spaces include an area of 684 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Blackbird Oil & Gas ... Auto Repair Shop University of Texas at Austin ... University Texas A&M Institute ... Sustainability Organization VenturePoint - Broadway Real Estate Agency Smith Thomas J Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.4647596
    Latitude
    29.4630839

    Nearby Similar for Lease

    • $2,000 /Mo

      San Antonio Commercial Kitchen For Rent

      Equipped commercial kitchen with dining area near I-10 and Loop 410.
      1855 Rigsby Ave, San Antonio, TX 78210
      View Details
    • Contact for pricing

      Colonnade

      Workspaces, services and support to help you work better in Colonnade
      9901 I.h. 10, San Antonio, TX 78230
      View Details
    • Contact for pricing

      San Antonio Airport

      Discover many ways to work your way in San Antonio Airport
      1777 Loop 410, San Antonio, TX 78217
      View Details
    • Contact for pricing

      North Stone Oak

      Flexible workspace in San Jose Airport
      18756 Stone Oak Pkwy, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Eilan

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      17806 Ih 10, San Antonio, TX 78257
      View Details
    • Contact for pricing

      Two Twin Oaks

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      227 Loop 1604, San Antonio, TX 78232
      View Details
    • Sponsored
      Contact for pricing

      One Riverwalk Place

      All-inclusive access to workspace, virtual office and meeting rooms in One Lincoln center
      700 St Mary&Apos St, San Antonio, TX 78205
      View Details
    • Contact for pricing

      Sonterra

      Meet, work or collaborate in our professional Columbia Center business center
      401 Sonterra Blvd, San Antonio, TX 78258
      View Details
    • Contact for pricing

      TX, San Antonio - NE Loop 410

      Discover many ways to work your way in Democracy Plaza
      40 Loop 410, San Antonio, TX 78216
      View Details
    • Contact for pricing

      TX, San Antonio - Tesoro Dr

      Discover many ways to work your way in Democracy Plaza
      8918 Tesoro Dr, San Antonio, TX 78217
      View Details
    • Contact for pricing

      TX, San Antonio - San Pedro Ave

      Discover many ways to work your way in San Antonio Airport
      13750 San Pedro Ave, San Antonio, TX 78232
      View Details
    • Contact for pricing

      TX, San Antonio - Trailcrest

      Discover many ways to work your way in San Antonio Airport
      1350 Loop 1604, San Antonio, TX 78232
      View Details

    FAQs

    What type of property is this?
    Office building - Six-story office building in midtown San Antonio for lease.
    Where is this office building located?
    The property is located at 4040 Broadway St San Antonio, TX.
    What are key features of this property?
    This property features: - Ample parking; - Convenient midtown location near The Pearl and Alamo Heights; - Proximity to downtown San Antonio (7 minutes)
    (210) 541-2005 Call to check price and availability
    Request Owner's contact information
    4040 Broadway St San Antonio, TX 78209
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4040 Broadway St
    San Antonio, TX 78209
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4040 Broadway St San Antonio, TX 78209
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian Young
    Brian Young
    (210) 541-2005 (210) 809-6000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!