PAT BOOKER RETAIL CENTER
100% Leased : NNN Leases : Below Market Rents : Metal Roof : Located Near Randolph Air Force Base
Marketing description
Pat Booker Retail Center is a fully stabilized, 16,800-square-foot multi-tenant retail asset. The property is 100 percent occupied, with all tenants operating under triple-net lease structures. Anchored by Meineke Car Care Center, the center has a diverse mix or service-oriented businesses, including World Finance, Humble Roots Brazilian Jiu-Jitsu, Goddess Ink & Tattoo, Kenpo Karate, Poca Mota, Rudy's Jewelry Repair, and a massage parlor.
Pat Booker Retail Center is located in Universal City, a growing northeast suburb of San Antonio, positioned along Pat Booker Road—one of the area's busiest commercial corridors. Traffic counts in front of the property are approximately 23,552 vehicles per day. Numerous national and regional retailers are in the surrounding area, such as Planet Fitness, O'Reilly Auto Parts, Walmart, Kohl's, Ikea, Target, Best Buy, and many others.
Investment highlights
Fully Stabilized, Multi-Tenant Retail Center
Pat Booker Retail Center offers a turnkey investment with a fully leased rent roll, and all tenants operate under triple-net (NNN) terms.
Service-Oriented Tenant Mix
Anchored by Meineke Car Care Center, the tenant mix includes national brands and local service providers that draw consistent foot traffic. These internet-resistant categories support stable income and reflect the property’s appeal across varying economic conditions.
Average Rents are Well Below Market
With current rental rates significantly below today’s market rates, the offering provides future upside potential in strategic lease renewals, backfilling, and modernization of the tenant mix.
Durable Design Elements Including Metal Roof and Awnings
The building features metal roofing and siding with a partial stone facade, offering lower maintenance.
Strategic Location in Densely Populated Corridor Near Randolph Air Force Base
The center sits in a dense residential and retail corridor northeast of San Antonio. It is approximately two miles from Randolph Air Force Base, with a total population consisting of more than 4,000 military members, approximately 5,000 dependents, and around 5,000 Department of Defense civilians.
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