Kerr Taylor Of Fifth Corner And George J. Wommack Of Headwall Investments Acquire 53,000-SF Mixed-Use Asset
5108 Broadway
Building Size
53,000 SF
Asset Type
Mixed-use
Closing
Mar 27, 2026
AI
The property asset involved in this transaction is a mixed-use building located at 5108 Broadway Street in Alamo Heights. The total square footage of the asset is 53,000, which includes both retail and office spaces.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not specified
- Address: 5108 Broadway Street
- Market: Alamo Heights
- Square Footage: 53,000
- Buyer: Kerr Taylor - Fifth Corner; George J. Wommack - Headwall Investments
Kerr Taylor represents Fifth Corner, while George J. Wommack represents Headwall Investments in this joint venture acquisition. Both firms aim to implement exterior and environmental upgrades to the property, which is part of their strategy to invest in high-quality assets along San Antonio’s Broadway corridor.
Players
San Antonio Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93