Property summary
This exceptional investment opportunity presents a 16,800-square-foot shopping center in Universal City, Texas. Located at 1626 Pat Booker Rd, this single-story, 1968-built property sits on a 0.88-acre lot (APN: 05047-012-0280) and is zoned for retail use. Currently boasting 100% occupancy with eight tenants under staggered NNN leases with a remaining term of five years, this stabilized investment offers a strong net operating income (NOI) of $192,048, translating to a 7.5% capitalization rate. The asking price is $2,560,640, or $152.42 per square foot. The property benefits from high visibility and accessibility along Pat Booker Rd, experiencing daily traffic exceeding 35,000 vehicles. This prime location within the San Antonio MSA serves a substantial population with an average income of $103,768 within a five-mile radius. The absence of tenant options provides a potential for future rental increases, enhancing the long-term value and return on investment. This well-maintained asset offers a secure income stream and significant upside potential for discerning investors. The property features a multi-tenant configuration, ensuring diversification of income sources.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Universal City market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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