Pet Care Franchise Retail
For Sale
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3814 BROADWAY, San Antonio, TX 78215
Fee simple retail facility leased to Dogtopia with remaining term and scheduled annual rent escalations.
Property Size7,128 SF
Price / SF$326.88
Days on Market131
Property Features for 3814 BROADWAY
General Information
Standard status
Active
Size
7,128 SF
Total Parking Spaces
25
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$191,957
Additional Details
Traffic Count
29,000 vehicles/day
Building Details
Year Built
1960
Year Renovated
2022
Stories
1
Tenancy
Single
Listing Agency:
JLL Austin
Listed By:
Kirby Hayes · License #TX 755222
Source:
Crexi
Added: Jun 12
Changed: Oct 12
Last Checked: Oct 19 at 5:15AM
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 JLL Austin
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Investment Insights
Based on property information with market context.
The property is a Dogtopia pet care facility offered in fee simple, totaling 7,128 rentable square feet. Dogtopia entered into a 10-year lease in February 2021, with 6.6 years remaining as of the offering, and includes 2.50% annual rental escalations. The lease structure is described as having minimal landlord responsibilities, supporting a straightforward ownership profile through the current lease term.
The asset is positioned along Broadway in a dense retail corridor with visibility to more than 29,000 vehicles per day. The surrounding area includes national and regional retailers such as Chipotle, CVS Pharmacy, IHOP, Texaco, Whataburger, Potbelly, and Starbucks, among others, providing an active commercial setting in central San Antonio.
For tenants and investors, the property offers a purpose-built retail storefront solution aligned with a pet care services operator. Ownership provides remaining lease term certainty under the existing arrangement, along with two additional 5-year renewal options as outlined in the offering materials. Dogtopia, operating nearly 300 locations in North America, also maintains a stated growth plan to reach 400 units by 2027, supporting the brand’s continuing presence in the pet care category.
The asset is positioned along Broadway in a dense retail corridor with visibility to more than 29,000 vehicles per day. The surrounding area includes national and regional retailers such as Chipotle, CVS Pharmacy, IHOP, Texaco, Whataburger, Potbelly, and Starbucks, among others, providing an active commercial setting in central San Antonio.
For tenants and investors, the property offers a purpose-built retail storefront solution aligned with a pet care services operator. Ownership provides remaining lease term certainty under the existing arrangement, along with two additional 5-year renewal options as outlined in the offering materials. Dogtopia, operating nearly 300 locations in North America, also maintains a stated growth plan to reach 400 units by 2027, supporting the brand’s continuing presence in the pet care category.
Key Highlights
- Fee simple retail facility leased to Dogtopia (tenant) at 3814 Broadway, San Antonio, TX 78209
- 7,128 rentable SF; 10‑year lease executed in February 2021 with about 6.6 years remaining
- 2.50% annual rental escalations included in the lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,417
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,908,340
$1.9M
Cap Rate 7%
$1,363,100
$1.4M
Cap Rate 9%
$1,060,189
$1.1M
Market Conditions
NOI Build-Up for 7,128 SF
Gross rent
$142.0K $19.92/SF
− Vacancy
−$5.7K −$0.80/SF
EGI
$136.3K $19.12/SF
− OpEx
−$40.9K −$5.74/SF
NOI
$95.4K $13.39/SF
Area
San Antonio, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,908,340
Cap Rate 7%
$1,363,100
Cap Rate 9%
$1,060,189
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.59M
NOI $95,417 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,276 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
29,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
Explore this area
Business Placement
Demographics for 78215, TX
3,644
Population
3,029
Households
1.2
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.1 sq mi
ZIP Area
3,313
Density / Sq Mi
$82,128
Median Household Income
$75,532
Median Earnings
$1,754
Median Rent
$486,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Retail space - Fee simple retail facility leased to Dogtopia with remaining term and scheduled annual rent escalations.
Where is this retail space located?
The property is located at 3814 BROADWAY San Antonio, TX.
What is the asking price?
The asking price for this property is $2,330,000.
What are key features of this property?
This property features: Fee simple retail facility leased to Dogtopia (tenant) at 3814 Broadway, San Antonio, TX 78209; 7,128 rentable SF; 10‑year lease executed in February 2021 with about 6.6 years remaining; 2.50% annual rental escalations included in the lease
