Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3150 Pat Booker Rd Universal City, TX 78148

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    15,893 SF Retail Space - High Traffic Location

    Lot size:
    102,527 SF

    Property Features for 3150 Pat Booker Rd

    General Information

    Property type
    Retail space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    102,527 SF
    Class
    B
    Total Rate
    149518.54

    Building Details

    Year Built/Renovated
    1975/2015
    Stories
    1

    Spaces For Lease

    at 3150 Pat Booker Rd, Universal City, TX 78148 Contact us
    Unit

    $17 /Mo

    Size
    15,893 SF
    Contact us

    We can help!

    Listing Contact
    Lucian Morehead
    Lucian Morehead

    Listing Agency: Asterra Properties Listing Agent: Lucian Morehead

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 15,893 square foot retail space is situated within the 102,527 square foot 3150 Pat Booker Road shopping center in Universal City, Texas, zip code 78148. The property enjoys a highly visible location at the corner of FM 1604 and Pat Booker Road, benefiting from significant daily traffic volume and easy access to IH-35. Built in 1975 and renovated in 2015, this Class B property offers a single-tenant occupancy opportunity. The space is currently vacant and presents a unique chance to establish a business in a thriving retail environment. The shopping center boasts a strong tenant mix, including Rush Fun Park, SynergenX, Wayback Burgers, and Bubba's 33, ensuring high foot traffic and brand synergy. Ample parking is available for customers and employees, enhancing the overall shopping experience. The open layout of the 15,893 square foot space provides flexibility for various retail concepts. Its prime frontage location on FM 1604 ensures maximum visibility and accessibility for potential customers. This property represents a compelling investment opportunity in a dynamic and growing area. The property's location offers convenient access to major roadways, making it an attractive destination for both local residents and commuters.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Universal City
    County
    Bexar
    State
    Texas
    Longitude
    -98.3261262
    Latitude
    29.561872

    Nearby Similar for Lease

    • $15 SF/Yr
      4,500 SF

      Universal City Retail Space Available

      Retail space for lease in Universal City, Texas.
      1734 Pat Booker Rd, Universal City, TX 78148
      View Details
    • $1.50 SF/Yr
      9,000 SF

      Retail Space For Rent

      New construction retail space available for lease.
      2405 Pat Booker Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      1,625 SF

      Retail Space with High Visibility

      Retail space with high traffic and excellent signage opportunities.
      8300-8350 Pat Booker Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      2,170 SF

      Universal City Retail Space Available

      Retail spaces available near Randolph AFB, Universal City, Texas.
      520 Kitty Hawk Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      2,939 SF

      Office Space Near Retail Center

      Office space with high visibility and easy access.
      2318-2326 Pat Booker Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      1,435 SF

      Universal City Office Space Available

      Office space available for rent in Universal City, TX.
      433 Kitty Hawk Rd, Universal City, TX 78148
      View Details
    • Contact for pricing
      20,017 SF

      Industrial Space in Universal City

      Industrial property with rear-load design and excellent highway access.
      262 Park Ln, Universal City, TX 78148
      View Details
    • $17 SF/Yr
      15,893 SF

      Prime Universal City Retail Space

      15,893 SF Retail Space - NNN Lease
      3150 Pat Booker Rd, Universal City, TX 78148
      View Details
    • $13 SF/Yr
      32,640 SF

      Universal City Event Center Space

      Prime Office Space Near Randolph AFB
      300 Kitty Hawk Rd, Universal City, TX 78148
      View Details
    • Contact for pricing

      Universal City Multifamily Rental

      Multifamily property available for rent in Universal City, TX.
      10614 Mathom Lndg, Universal City, TX 78148
      View Details
    • Contact for pricing
      13,828 SF

      Coronado Square Retail Spaces Available

      Prime Universal City Retail, 3 Spaces
      2318 Pat Booker Rd, Universal City, TX 78148
      View Details
    • $11 SF/Yr
      8,040 SF

      Universal City Warehouse Space

      8,040 SF Industrial Warehouse, Divisible
      205 Byrd Blvd, Universal City, TX 78148
      View Details

    FAQs

    What type of property is this?
    Retail space - 15,893 SF Retail Space - High Traffic Location
    Where is this retail space located?
    The property is located at 3150 Pat Booker Rd Universal City, TX.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 15,893 SF retail space available in a Universal City, TX shopping center.; High-traffic corner location at FM 1604 and Pat Booker Rd, with easy IH-35 access.; Strong tenant mix including Rush Fun Park, SynergenX, Wayback Burgers, and Bubba's 33.
    (512) 825-6287 Call to check price and availability
    Request Owner's contact information
    3150 Pat Booker Rd Universal City, TX 78148
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3150 Pat Booker Rd
    Universal City, TX 78148
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3150 Pat Booker Rd Universal City, TX 78148
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lucian Morehead
    Lucian Morehead
    Real Estate License ID: 437479
    (512) 825-6287 (512) 231-2020
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!