Multi-Tenant Retail
7863 CALLAGHAN RD, San Antonio, TX 78229
For Sale
Contact for pricing
Two buildings accommodate multiple retail operators, with one suite currently available for lease.
Property Size19,429 SF
Price / SF$312.63
Days on Market40
Property Features for 7863 CALLAGHAN RD
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Additional Details
Tenant in Place
Building Details
Buildings
Tenancy
Listing Agency:
DUWEST
Listed By:
Will Walters · License TX #596941
(214) 675-3665
Source:
Crexi
Added: Oct 1
Changed: Nov 8
Last Checked: Nov 8 at 5:27PM
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 DUWEST
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Investment Insights
Based on property information with market context.
The San Antonio retail center comprises two buildings totaling 19,429 SF. Ten operators occupy the property under NNN leases, and the center is 94.9% leased, with one 1,000 SF suite available. Building depths are 56 feet and 65 feet. The original developer has owned the property since 2007.
At 7863 Callaghan Road, the center sits immediately off I-10 in the South Texas Medical Center trade area. A Lowe’s location is across the road; it records 786,000 visits annually. Ten Lowe’s stores are within 15 miles.
A total of 10,901 SF, or 56.1% of GLA, is scheduled to roll by year-end 2029. Nine leases include fair-market-value options, while three tenants have fixed-rate options.
At 7863 Callaghan Road, the center sits immediately off I-10 in the South Texas Medical Center trade area. A Lowe’s location is across the road; it records 786,000 visits annually. Ten Lowe’s stores are within 15 miles.
A total of 10,901 SF, or 56.1% of GLA, is scheduled to roll by year-end 2029. Nine leases include fair-market-value options, while three tenants have fixed-rate options.
Key Highlights
- 19,429 SF across two retail buildings
- 94.9% leased to 10 operators; one 1,000 SF suite is available
- NNN lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$260,081
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,201,620
$5.2M
Cap Rate 7%
$3,715,443
$3.7M
Cap Rate 9%
$2,889,789
$2.9M
Market Conditions
NOI Build-Up for 19,429 SF
Gross rent
$387.0K $19.92/SF
− Vacancy
−$15.5K −$0.80/SF
EGI
$371.5K $19.12/SF
− OpEx
−$111.5K −$5.74/SF
NOI
$260.1K $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%
$5,201,620
Cap Rate 7%
$3,715,443
Cap Rate 9%
$2,889,789
Alternative Uses
Best Use
Retail
$3.72M
$3.25M – $4.33M
NOI $260,081 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.96M
$4.34M – $5.78M
NOI $346,920 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
94.9%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,150
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78229, TX
33,135
Population
19,149
Households
1.7
Avg Household Size
31
Median Age
31%
College-Educated
86%
High-School Grad
5.8 sq mi
ZIP Area
5,713
Density / Sq Mi
$46,718
Median Household Income
$32,888
Median Earnings
$1,234
Median Rent
$206,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Shopping centers in San Antonio
Vacancy Rate% for Retail in San Antonio, TX
Similar Off Market Nearby
- Magic Shopping Center — 5100 Fredericksburg Rd, San Antonio, TX 78229
- Corral Center — 5115 - 5145 Fredericksburg Rd, San Antonio, TX 78229
- DI's Tax Service — 7460 callaghan rd, san antonio, tx 78229
- Riverwalk — 7750 cherry ridge, san antonio, tx 78230
- Oak Hills Center — 7959 Fredericksburg Rd, San Antonio, TX 78229
Frequently Asked Questions
What type of property is this?
Shopping center - Two buildings accommodate multiple retail operators, with one suite currently available for lease.
Where is this shopping center located?
The property is located at 7863 CALLAGHAN RD San Antonio, TX.
What is the asking price?
The asking price for this property is $6,074,000.
What are key features of this property?
This property features: 19,429 SF across two retail buildings; 94.9% leased to 10 operators; one 1,000 SF suite is available; NNN lease structure
