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23110 Interstate 10 West

Romish Abdulrashid Of KMRR Properties Acquires Retail Asset From Rycore Capital LP For $10M
SOLDRetail

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:

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

Cathy Nabours

SRS Real Estate Partners

Broker

13 deals

Broker

Romish Abdulrashid

KMRR Properties

Buyer

1 deal

Buyer
RL
Rycore Capital LPSeller

San Antonio Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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