7419-7423 Callaghan Rd 4,950 SF 100% Leased Retail Building San Antonio, TX 78229 $1,450,633 CAD ($293.06 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% OCCUPANCY: Three established tenants provide a secure and stable cash flow
- VALUE CREATION POTENTIAL: In-place rental escalations and the ability to capitalize on San Antonio's robust retail market offer significant upside
- LIMITED INVENTORY: The scarcity of available retail space citywide enhances the property's value proposition
- LONG TERM, STICKY TENANCY: The existing tenants have been successfully leasing here on an average, for 10+ years
- STRONG MARKET FUNDAMENTALS: San Antonio's retail sector maintains a remarkably low 4.0% vacancy rate, consistent over nine consecutive quarters
- ATTRACTIVE INITIAL YIELD: The property offers an appealing going-in cap rate with the potential for long-term value appreciation
EXECUTIVE SUMMARY
Transwestern, as the exclusive advisor, proudly presents an exceptional investment opportunity: 7419-7423 Callaghan Road, a fully leased 4,950 SF multi-tenant retail center in San Antonio’s thriving Northwest submarket. Strategically positioned adjacent to the bustling medical center near the high-traffic intersection of Fredericksburg and Callaghan Road, this property boasts 100% occupancy with three long-term established tenants, ensuring a stable cash flow. With San Antonio’s retail market experiencing record-high occupancy and limited new construction, this asset offers significant value-creation potential. The combination of in-place rental escalations, the ability to capitalize on rising market rents, and the city’s robust economic growth presents an attractive opportunity for investors to enhance returns on an already compelling initial yield. As San Antonio continues to rank as the nation’s fastest-growing large city, adding 22,000 new residents annually, this property is poised to benefit from sustained demand.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,950 SF
Building Class
B
Year Built
1970
Price
$1,450,633 CAD
Price Per SF
$293.06 CAD
Cap Rate
7%
NOI
$101,544 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.48 AC
Zoning
C-3 - General Commercial District
Parking
30 Spaces (6.06 Spaces per 1,000 SF Leased)
Frontage
128’ on Callaghan
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11627-000-0750 | Improvements Assessment | $308,022 CAD |
| Land Assessment | $335,239 CAD | Total Assessment | $643,261 CAD |
