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Multi-Tenant Flex Industrial Building
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7329 Caribou San, San Antonio, TX 78238

Multi-tenant flex/industrial facility with 24’ clear height, six drive-in doors, and 25 surface parking spaces.

Property Size20,000 SF
Price / SF$0.00
Days on Market235

Property Features for 7329 Caribou San

General Information

Standard status Active
Size 20,000 SF
Total Parking Spaces 25
Property subtype Industrial
Zoning I-1
Lease Term NNN

Warehouse & Industrial

Clear Height 24 ft
Drive-In Doors 6

Additional Details

Highway Access Yes

Building Details

Building Size 20,000 SF
Year Built 1981
Tenancy Multi

Properties For Sale

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Size 5,000 SF
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7331 Caribou

Size 5,000 SF
Term Negotiable
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7333 Caribou

Size 5,000 SF
Term Negotiable
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Listing Agency: Caisson Real Estate
Listed By: Adam Lippstone · License #TX #751039
Source: Caissonre
Added: Feb 25 Changed: Oct 4 Last Checked: Oct 16 at 7:34AM

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 Caisson Real Estate

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Investment Insights

Based on property information with market context.

7329–7335 Caribou St. is a 20,000 SF multi-tenant flex/industrial building built in 1981. The facility offers 24’ clear height and six oversized drive-in doors measuring 10’ x 15’. It also includes 25 surface parking spaces.

The property is zoned I-1 and located in San Antonio’s Northwest submarket, with access to Bandera Rd. and Loops 410 and 1604 within minutes.

Configured for a range of light industrial and distribution-oriented uses, the building’s drive-in door count and clear-height profile support practical operational needs.

Key Highlights

  • 20,000 SF multi‑tenant flex/industrial building built in 1981
  • 24’ clear height with six oversized drive‑in doors (10’ x 15’)
  • I‑1 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$112,944
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,258,880 $2.3M
Cap Rate 7%
$1,613,486 $1.6M
Cap Rate 9%
$1,254,933 $1.3M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$192.0K $9.60/SF
− Vacancy
−$18.2K −$0.91/SF
EGI
$173.8K $8.69/SF
− OpEx
−$60.8K −$3.04/SF
NOI
$112.9K $5.65/SF
Area
San Antonio, TX
Vacancy
9.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,258,880
Cap Rate 7%
$1,613,486
Cap Rate 9%
$1,254,933

Alternative Uses

Best Use
Warehouse
$1.98M
$1.74M – $2.32M (±1% cap)
NOI $138,924 @ 7.0% cap · market cap 1,389,240.00%
Second Best
Industrial
$1.63M
$1.43M – $1.91M (±1% cap)
NOI $114,408 @ 7.0% cap · market cap 1,144,080.00%
Theoretical Best
Office A
$5.10M
$4.46M – $5.95M (±1% cap)
NOI $357,116 @ 7.0% cap · market cap 3,571,160.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Grupo Santos Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24 ft
Clear height
6
Drive-in doors
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78238, TX

26,014
Population
11,726
Households
2.2
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,550
Density / Sq Mi
$56,227
Median Household Income
$36,268
Median Earnings
$1,183
Median Rent
$191,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in San Antonio, TX

9.3% 2019
7.3% 2020
6.2% 2021
4.2% 2022
10.3% 2023
8.6% 2024
11.7% 2025

Similar Off Market Nearby

  • baluskitchen — 6010 Exchange Pkwy, San Antonio, TX 78238
  • Magical Moments — 5565 Saffron Way, San Antonio, TX 78238

Frequently Asked Questions

What type of property is this?
Flex space - Multi-tenant flex/industrial facility with 24’ clear height, six drive-in doors, and 25 surface parking spaces.
Where is this flex space located?
The property is located at 7329 Caribou San San Antonio, TX.
What are key features of this property?
This property features: 20,000 SF multi‑tenant flex/industrial building built in 1981; 24’ clear height with six oversized drive‑in doors (10’ x 15’); I‑1 zoning
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