Reggie Benjamin Real Estate Group
Retail strip center in San Antonio
Commercial · Retail

Retail — NNN, strip, and pad sites.

San Antonio retail assignments for owners, investors, and owner-users. Commercial underwriting and capital markets reach supported through Executive Real Estate Group.

Three retail lanes

Where we work and how it underwrites.

Each lane has different yield, different tenant risk, different management intensity. Sized correctly to your capital and operating profile.

Single tenant NNN
1. Single-tenant NNN

Tenant credit, long term

Coffee, fast casual, automotive service, dollar concepts. Long lease term, low management intensity, cap rate driven by tenant credit and term remaining.

Strip center
2. Strip center

Multi-tenant value-add

5-15 tenant unanchored or shadow-anchored centers. Rent roll, vacancy, and capex are the variables. Active management work.

Pad site
3. Pad sites

Ground lease or build-to-suit

Outparcel positions at anchored centers and corridor pads. Ground lease or BTS structure depending on entitlements and tenant.

Executive Real Estate Group logoSponsoring Brokerage

Executive Real Estate Group

Reginald Benjamin is a Texas-licensed real estate sales agent sponsored by Executive Real Estate Group LLC. Larger commercial, multifamily, land development, and institutional advisory assignments are supported through EREG's institutional desk.

Frequently Asked Questions

What retail product do you cover?

Single-tenant NNN, multi-tenant strip, pad sites, and second-generation restaurant. Larger institutional retail (anchored centers, grocery-anchored) gets supported through Executive Real Estate Group's commercial desk.

What's the underwriting baseline for NNN?

Cap rate against actual NOI. Lease term remaining, tenant credit, rent-to-market, and reimbursement structure are the variables. We pressure-test against comparable sales before recommending an offer band.

Where's retail demand in San Antonio right now?

1604 ring (especially NW and Stone Oak quadrants), I-10 east toward Loop 410, and the I-35 corridor north. Trade area demos, traffic count, and co-tenancy drive site-by-site demand.

What about owner-user retail?

Common — service businesses, medical, professional. We work owner-user differently than investor purchases; SBA financing path, occupancy timing, and resale optionality all factor in.

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