Remodeled Retail Building For
For Sale
Contact for pricing
1401 S New Braunfels Ave, San Antonio, TX
Remodeled retail building with long-term lease, ideal for investment.
Property Size5,612 SF
Lot Size0.54 Acres
Price / SF$342.84
Days on Market847
Property Features for 1401 S New Braunfels Ave
General Information
Standard status
Active
Size
5,612 SF
Lot size
0.54 Acres
Property subtype
RETAIL
Listing Agency:
InvestCore Commercial, Inc.
(619) 546-0121
Listed By:
Ed Colson, Jr. CCIM
Source:
Moodyscre
Added: Apr 10, 2024
Changed: Jul 6
Last Checked: Jul 21 at 5:26AM
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 InvestCore Commercial, Inc.
Investment Insights
Based on property information with market context.
This 5,612 square foot retail building has been completely remodeled inside and out, including a new roof, new HVAC systems, new electrical service, and a new parking lot. The seller will sign a long-term absolute NNN master lease at closing, creating a single tenant investment for the buyer, requiring zero management and no reconciliations between tenants. Located at a signalized intersection along S. New Braunfels Avenue, the property is just blocks from Interstate 10, where traffic counts exceed 91,000 cars per day. The building is situated approximately 3 miles from downtown San Antonio and 2.4 miles from the AT&T Arena, home of the San Antonio Spurs. This structure creates a passive, single tenant absolute NNN investment.
Key Highlights
- Long‑term absolute NNN master lease creating a passive, single‑tenant investment with zero management responsibilities.
- Completely remodeled building** inside and out, including new roof, HVACs, electrical service, and parking lot.
- Ideally located at a signalized intersection on S. New Braunfels Avenue, near Interstate 10 with high traffic counts (over 91,000 cars per day).
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.8k | $19.92 |
| − Vacancy | −$4.5k | −$0.80 |
| EGI | $107.3k | $19.12 |
| − OpEx | −$32.2k | −$5.74 |
| NOI | $75.1k | $13.39 |
5,612 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.07M
$939.1K – $1.25M
NOI $75,124 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,207 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in San Antonio, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Remodeled retail building with long-term lease, ideal for investment.
Where is this retail space located?
The property is located at 1401 S New Braunfels Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $1,924,000.
What are key features of this property?
This property features: Long‑term absolute NNN master lease creating a passive, single‑tenant investment with zero management responsibilities.; Completely remodeled building** inside and out, including new roof, HVACs, electrical service, and parking lot.; Ideally located at a signalized intersection on S. New Braunfels Avenue, near Interstate 10 with high traffic counts (over 91,000 cars per day).
