6007 Callaghan Rd, San Antonio, TX 78228
For Sale
1 / 6
This exceptional San Antonio, Texas shopping center presents a compelling investment opportunity. The 11,369 square foot, single-story building, completely renovated in 2023, boasts 10 units currently operating at 100% occupancy, generating a strong net operating income (NOI) of $172,070 and a 7.12% cap rate. The asking price is $2,400,000, translating to $211.10 per square foot. Built in 1960 and strategically located at 6007 Callaghan Rd, San Antonio, TX 78228, this property benefits from its prime location within a vibrant retail area, close to major attractions like Ingram Park Mall and the University of Texas at San Antonio. The property is zoned Commercial and features staggered lease expirations and Net Net Net (NNN) leases. New tenant awnings are scheduled for installation in November 2024. The area's projected population growth of 5.91% between 2024 and 2029 further enhances the long-term investment potential. This stabilized investment offers immediate income and significant upside potential due to below-market in-place base rents. The property represents a solid addition to any retail portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.