Retail Center with Lighted Intersection
8306 Pat Booker Live Oak, TX 78233
8306 Pat Booker, Live Oak, TX, 78233
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For Sale
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22,958 sf retail center with two lighted intersection access points and visibility to Pat Booker Road.
Property Size22,984 SF
Price / SF$217.54
Days on Market76
Property Features for 8306 Pat Booker
General Information
- Standard status
- Active
- Size
- 22,984 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1980
Listing agency
Foresite Commercial Real Estate
Listed by
Xavier Alvarado · License #TX 766038
Source
Crexi
Added: May 7 Updated: Jul 20 at 10:54PM Checked: Jul 21 at 1:57PM
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 Foresite Commercial Real Estate
Investment Insights
Based on property information with market context.
Shops at Live Oak is a 22,958-square-foot retail center designed to capture visibility from Pat Booker Road. The property provides two points of ingress at lighted intersections, supporting straightforward customer access.
Located with access from a Loop 1604 frontage road, the center faces Loop 1604 and is positioned to provide exposure to traffic along Pat Booker Road. It is also about half a mile from I-35, offering additional connectivity for customers traveling through the Live Oak area.
Located with access from a Loop 1604 frontage road, the center faces Loop 1604 and is positioned to provide exposure to traffic along Pat Booker Road. It is also about half a mile from I-35, offering additional connectivity for customers traveling through the Live Oak area.
Key Highlights
- 22,958 SF retail center in Live Oak
- Two points of ingress via lighted intersections, plus access from Loop 1604 Frontage Road
- Designed for visibility to Pat Booker Road
Local 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 | $455.1k | $19.80 |
| − Vacancy | −$18.2k | −$0.79 |
| EGI | $436.9k | $19.01 |
| − OpEx | −$131.1k | −$5.70 |
| NOI | $305.8k | $13.31 |
22,984 SF · lease $19.80/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.37M
$3.82M – $5.10M
NOI $305,816 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.22M
$5.44M – $7.26M
NOI $435,452 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market Nearby
- Live Oak Crossing — pat booker rd, live oak, tx 78233
- Live Oak Retail Center — 7939 Pat Booker Rd, Live Oak, TX 78233
- Village Oaks Shopping Center — 8320 Pat Booker Rd, Live Oak, TX 78233
- Forum Crossing — 3150 Pat Booker Rd, Universal City, TX 78148
- Plaza I35 — 12702 Toepperwein Rd, Live Oak, TX 78233
FAQs
What type of property is this?
Shopping center - 22,958 sf retail center with two lighted intersection access points and visibility to Pat Booker Road.
Where is this shopping center located?
The property is located at 8306 Pat Booker Live Oak, TX.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 22,958 SF retail center in Live Oak; Two points of ingress via lighted intersections, plus access from Loop 1604 Frontage Road; Designed for visibility to Pat Booker Road
