Broadway Street Retail Center — Sale in San Antonio, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: San Antonio, TX 78217
Photos
Investment Figures
- Cap rate
- 7.75%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Broadway Street Retail Center is a 39,333-square-foot, two-story asset situated on a 2.43-acre parcel in San Antonio, Texas. Originally constructed in 2006 and renovated in 2018, the building features a diverse mix of retail, medical, and office suites. The property is 100 percent occupied, anchored by First National Bank of Texas. Other tenants include Concentra Urgent Care, San Antonio Office Partners, Shelton Dental, Johnson Fitness & Wellness, Capo's Pizzeria, Broadway Nails & Lashes, and Dunhill Partners. The center offers ample paved parking, including 25 dedicated covered spaces, providing a distinct advantage over open-lot competitors. The adjacent Chili's Grill & Bar and Wells Fargo pad sites (not a part) contribute towards common area maintenance expenses. The subject property is strategically positioned at the signalized hard corner of Broadway and Loop 410 (Connally Loop) frontage road, serving as a gateway to the North Central San Antonio submarket. The center commands direct frontage on Broadway and immediate access to Loop 410, one of the city's most critical arterials. Cumulative traffic counts exceed 242,500 vehicles per day. The property benefits from proximity to major regional demand drivers, including the San Antonio International Airport complex (hosting over 11 million passengers annually) and the 294-bed Northeast Baptist Hospital. The center is also in close proximity to some of the most affluent San Antonio neighborhoods, including Alamo Heights, Terrell Hills, and Olmos Park, supporting strong tenant demand. Investment Highlights: • 39,333-SQUARE-FOOT, FULLY STABILIZED ASSET • PREMIER BROADWAY CORRIDOR LOCATION • AFFLUENT TRADE AREA
Market Context
This retail in San Antonio, TX is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in San Antonio, TX — view the full market.
As of Q1 2026, the San Antonio retail market showed a 4.2% vacancy rate, average asking rents near $19.45/SF/yr, and cap rates around 7.2%. Source: Partners Real Estate Q1 2026 market report.
Its 7.8% asking cap rate is above the San Antonio retail market average of about 7.2%, implying a higher yield (and typically more risk or upside) than comparable assets. Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- What is the typical cap rate for retail in San Antonio?
- About 7.2% as of Q1 2026, per Partners Real Estate.
- Is the San Antonio retail market tightening or softening?
- Vacancy is around 4.2% (Q1 2026).
Contact
- Philip Levy · (972) 755-5225 · philip.levy@marcusmillichap.com
- Chris Gainey · (817) 932-6122 · chris.gainey@marcusmillichap.com
- Duke Dennis · (817) 932-6172 · duke.dennis@marcusmillichap.com
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