Romish Abdulrashid Of KMRR Properties Acquires Retail Asset From Rycore Capital LP For $10M
23110 Interstate 10 West
Building Size
18,665 SF
Asset Type
Retail
Closing
Jun 30, 2026
AI
The property asset involved in this transaction is a retail space located at 23110 Interstate 10 West in the San Antonio market. The asset spans 18,665 square feet and has been sold for a total sale price of $10,000,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,000,000
- Buyer: Romish Abdulrashid - KMRR Properties
- Seller: Rycore Capital LP
- Brokers: Cathy Nabours, Kyle Shaffer & Sam Nichols - SRS Real Estate Partners
This transaction features notable individuals including Romish Abdulrashid representing KMRR Properties as the buyer and Rycore Capital LP as the seller. The deal was facilitated by the brokerage team of Cathy Nabours, Kyle Shaffer, and Sam Nichols from SRS Real Estate Partners, who played a key role in the negotiation process.
Players
San Antonio Retail Market Snapshot
Boundary boundary · Retail · 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