2632 Broadway St, San Antonio, TX 78215
Top-floor office condo in a gated, professionally managed property with quick access to major highways IH-35 and Hwy 281.
Property Features for 2632 Broadway St
General Information
Site & Location
Additional Details
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The building is on Broadway just north of Pearl Brewery, offering convenient access to major highways IH-35 and Hwy 281. Parking is provided at a ratio of 2.98 per 1,000 SF.
For office users seeking a managed, gated setting with an upper-level vantage, Unit 401 provides an office condo configuration with the practical benefit of straightforward highway access.
Key Highlights
- Condo Unit 401 is a top‑floor office unit with 3,074 SF
- Views of Brackenridge Park and the golf course from the top floor
- Year built: 2006
Financial Insights For Office B
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 | $67.9k | $22.08 |
| − Vacancy | −$12.0k | −$3.91 |
| EGI | $55.9k | $18.17 |
| − OpEx | −$14.0k | −$4.54 |
| NOI | $41.9k | $13.63 |
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Demographics for 78215, TX
Market
Vacancy Rate% for Office in San Antonio, TX