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6402-6410 Callaghan Rd
San Antonio, TX 78229

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,450 SF
Building Class
B
Year Built
1978
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.48 AC
Frontage
100 FT on Callaghan Rd

Amenities

  • Pylon Sign

About 6402-6410 Callaghan Rd , San Antonio, TX 78229

IMMEDIATELY ACCESSIBLE OFF I-410 Direct access off Interstate 410 (193,917 VPD) at Callaghan Road, which provides average traffic counts of 30,267 vehicles per day. Minutes from the primary medical corridor, which includes the South Texas Medical Center, San Antonio’s University Hospital Health System, as well as the Audie L. Murphy VA Hospital and more. DESIRABLE NORTHWEST SUBMARKET Extremely dense residential population in the surrounding three-mile radius consists of nearly 160,000 residents. Very low 4.9% vacancy rate in this submarket with average NNN asking rents of $17.67 per square foot, significantly higher than the majority of the current tenancy of the Subject Property which averages $16.17 per square foot currently if viewed as an NNN leased investment. EASE OF MANAGEMENT Tenants responsible for all utilities directly, including electric, sewer and water. Current gross lease structure facilitates a minimal requirement of effort on the part of the Landlord. NEW ROOF RECENTLY INSTALLED Further reduction of Landlord requirements due to the recently replaced roof (2018). Brick exterior. Two points of ingress/egress at the front of the building plus additional parking in the back. VALUE ADD INVESTMENT OPPORTUNITY Near-term lease renewals and expiration dates enable an investor the opportunity to re-structure tenant leases consistent with higher surrounding submarket rents and increase NNN recovery associated with property taxes and insurance.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13914-001-0210
Land Assessment
$247,730
Improvements Assessment
$597,270
Total Assessment
$845,000
  • Listing ID: 16694046

  • Date on Market: 7/23/2019

  • Last Updated:

  • Address: 6402-6410 Callaghan Rd, San Antonio, TX 78229

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