431-459 Mccarty Rd San Antonio, TX 78216
This exceptional 31,255-square-foot shopping center in San Antonio, Texas presents a compelling value-add investment opportunity. Boasting a 78% occupancy rate across 14 tenants, the property features a diverse mix of restaurants and service-oriented businesses, all operating under triple-net leases. Currently generating a 7.19% cap rate based on a Net Operating Income (NOI) of $362,045, a pro-forma analysis projects a significant increase to an 11.07% cap rate and $557,232 NOI, driven by below-market rents. Built in 1975, this single-story, fee-simple owned property sits on a 2.507-acre lot at 431-459 McCarty Rd, San Antonio, TX 78216. Its prime location benefits from high traffic counts on San Pedro Ave (38,224 vehicles per day) and Loop 410 (over 240,000 vehicles per day), with close proximity to major retailers like Target and Best Buy, and a strong demographic profile featuring an average household income exceeding $84,000 within a three-mile radius. The property also benefits from a well-positioned, grandfathered sign providing excellent visibility. San Antonio's robust economy, fueled by tourism and diverse industries, further enhances the investment potential of this property. This is a rare chance to acquire a well-located, multi-tenant retail center with significant upside potential. The asking price is $5,035,426.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.