3814 BROADWAY, San Antonio, TX 78215
Fee simple retail facility leased to Dogtopia with remaining term and scheduled annual rent escalations.
Property Features for 3814 BROADWAY
General Information
Additional Details
Building Details
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
Investment Insights
Based on property information with market context.
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 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 | $142.0k | $19.92 |
| − Vacancy | −$5.7k | −$0.80 |
| EGI | $136.3k | $19.12 |
| − OpEx | −$40.9k | −$5.74 |
| NOI | $95.4k | $13.39 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 78215, TX
Market
Vacancy Rate% for Retail in San Antonio, TX