REIT Sale | Former Zips Car Wash | 29K VPD | San Antonio MSA | 8.6% Population Growth | Walmart Shadow

Highlights:

• 2,526 SF Car Wash Facility and Vacuum Bays Building on 0.988 Acres, Shadow Anchored by Walmart
• ±29,561 VPD Highway Traffic Counts | Just 3.5-Miles to I-10 and 5.5-Miles to Randolph Air Force Base
• Exceptional Real Estate Value | Located in Dense Retail Corridor as User Opportunity or Potential Development
• Nearby National Retailers: Walmart, Tractor Supply Co, Dunkin, Starbucks, Subway, Dollar Tree, Papa Johns, Great Clips, and more
• Dense Market with Population of 217,082 and Average Household Income of ±$75,493 (5-Mile Radius, Esri)
• 8.56% Population Growth from 2020-2025 and 5.93% Growth Projected from 2025-2029 (3-Mile Radius)

Description:

Ri Marketplace Online Auction May 18th-20th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3097/retail/converse/tx?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_3097

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present the opportunity to acquire a vacant, free-standing retail building with car wash located at 8242 FM 78 in Converse, Texas 78109 (the “Property”). Previously occupied by Zips Car Wash, the Property is being offered significantly below replacement cost, presenting an attractive opportunity for owner-users and investors to acquire a well-located commercial asset with meaningful value-add potential. FIRST BID MEETS RESERVE!

Originally constructed in 2010, the Property consists of a one-story, free-standing building totaling ±2,526 square feet, featuring a retail/service component with an attached automatic car wash and vacuum bays. The Property is situated on a ±0.988-acre parcel (±43,037 SF) and includes 25 surface parking spaces, along with convenient access via a dedicated point of ingress and egress along Seguin Road/FM 78. Located within the Northeast Submarket of the greater San Antonio area, the Property offers a compelling opportunity to capitalize on strong market fundamentals and create value through repositioning and lease-up at market rates. According to CoStar, retail rents in the area range from approximately $23 to $28 per square foot NNN, supporting the potential for significant upside through lease-up or adaptive reuse. The Property is located in an area with unregulated zoning, allowing for a broad range of commercial uses and enhancing long-term flexibility and redevelopment potential.

Converse is a rapidly growing suburban community within the San Antonio MSA, located in Bexar County along the city’s expanding Northeast corridor. The Property is strategically positioned along Seguin Road (FM 78), a primary commercial and commuter corridor carrying nearly ±30,000 vehicles per day (VPD), and offers convenient access to major transportation routes including Loop 1604 (±2.5-mi), Interstate 10 (±3.5-Mi), and Interstate 35 (±5-Mi), providing direct connectivity throughout the greater San Antonio metropolitan area. This highly accessible location supports strong regional traffic flow and positions the Property within one of the area’s most active growth corridors. The surrounding area features a strong concentration of national and regional retailers, including Walmart Supercenter (¼-mi), H-E-B, Tractor Supply, Walgreens, CVS, and a variety of quick-service and full-service restaurants, generating consistent daily traffic and reinforcing the corridor’s role as a primary retail node. The market is further supported by proximity to major employment drivers including Randolph Air Force Base which is part of Joint Base San Antonio (±5.5-Mi from the Property) and one of the region’s largest employment centers, which collectively support total force population of approximately 16,000 military and civilian personnel and drive significant economic activity. Additionally, the Property benefits from its location within a dense and expanding residential corridor, with continued population growth driven by new housing development and in-migration throughout Northeast San Antonio and Converse. Within a ±3-Mi trade area, the population exceeds ±120,200 residents with an average household income (AHHI) of approximately ±$96,454, while the ±5-Mi trade area expands to more than ±217,000 residents, providing a substantial and growing customer base. With its combination of strong demographics, proximity to major employment centers, and excellent regional accessibility, the Property is well positioned to capture demand from both local residents and the broader San Antonio market.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: