Callaghan Road Shopping Center | 6007-6023 Callaghan Rd
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Callaghan Road Shopping Center 6007-6023 Callaghan Rd
11,063 SF 100% Leased Retail Building San Antonio, TX 78228 $2,400,000 ($217/SF) 7.17% Cap Rate
Investment Highlights
- 100% occupancy for immediate income
- 5.91% Population Growth ('24-'29)
- NNN Leases | Staggered Lease Expirations
- Under Market In-Place Base Rents
Executive Summary
Introducing an exceptional investment opportunity! This remarkable property, strategically located in the vibrant San Antonio area, features a well-maintained 11,369 SF building with 10 occupied units. Renovated in 2023, it offers modern amenities while retaining its historic charm, a testament to its enduring appeal. Zoned C-2, this fully occupied property presents a strong foundation for steady income and growth. With a prime location and 100% occupancy, this property is primed for a savvy retail/strip center investor seeking a solid addition to their portfolio.
Location Description
Discover the potential of the Callaghan Road Shopping Center, strategically positioned in the heart of San Antonio, Texas. The area boasts a bustling retail scene with a diverse mix of local and national brands, making it an attractive destination for retail investors. Located within a vibrant community, the property benefits from high foot traffic and excellent visibility. Nearby attractions such as Ingram Park Mall, Wonderland of the Americas, and the University of Texas at San Antonio provide ample opportunities for drawing in a steady stream of customers. With its prime location and the area's strong consumer base, the Callaghan Road Shopping Center presents a compelling opportunity for retail investors looking to establish or expand their presence in this thriving market.
Location Description
Discover the potential of the Callaghan Road Shopping Center, strategically positioned in the heart of San Antonio, Texas. The area boasts a bustling retail scene with a diverse mix of local and national brands, making it an attractive destination for retail investors. Located within a vibrant community, the property benefits from high foot traffic and excellent visibility. Nearby attractions such as Ingram Park Mall, Wonderland of the Americas, and the University of Texas at San Antonio provide ample opportunities for drawing in a steady stream of customers. With its prime location and the area's strong consumer base, the Callaghan Road Shopping Center presents a compelling opportunity for retail investors looking to establish or expand their presence in this thriving market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,063 SF
Building Class
C
Year Built/Renovated
1960/2023
Price
$2,400,000
Price Per SF
$217
Cap Rate
7.17%
NOI
$172,070
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.00 AC
Zoning
B-1/F, San Antonio
Parking
40 Spaces (3.62 Spaces per 1,000 SF Leased)
Frontage
200 FT on Callaghan Rd
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 11608-000-0093 | Improvements Assessment | $793,680 |
| Land Assessment | $336,320 | Total Assessment | $1,130,000 |
PROPERTY TAXES
Parcel Number
11608-000-0093
Land Assessment
$336,320
Improvements Assessment
$793,680
Total Assessment
$1,130,000
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Callaghan Road Shopping Center | 6007-6023 Callaghan Rd
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