1635 Somerset Rd, San Antonio, TX 78211
Five-tenant strip center built in 2013, original developer selling.
- Added:
- Mar 23, 2026
- Days on Market:
- 98
- Last Refresh:
- Mar 25 at 8:39 am
Property Features for 1635 Somerset Rd
General Information
- Standard status
- Active
- Size
- 6,600 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2013
Listing office Foresite Commercial Real Estate
Listing date Mar 23, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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HighLights
- Five tenant strip center offers a diversified income stream.
- Built in 2013.
- Being sold by original developer.
- Two tenants on gross leases.
- Upside in NNN conversions.
- Additional Property Details: YearBuilt: 2013
Overview
Local 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 | $131.5k | $19.92 |
| − Vacancy | −$5.3k | −$0.80 |
| EGI | $126.2k | $19.12 |
| − OpEx | −$37.9k | −$5.74 |
| NOI | $88.3k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.5486454
- Latitude
- 29.3584486
