Take5 Oil Change | Ground Lease | HEB Shadow
$1,389,000
931 South General McMullen Drive, San Antonio, TX 78237
For Sale
Retail
Unknown Sub Type
Active
Last Updated: 03/26/2026
5.4
Cap Rate
75,000
NOI
Details:
Cap Rate: 5.4%
NOI: $75,000
Building Size: 1,813 sqft
Lot Area: 10,712 sqft
Year Built: 2025
Highlights:
- Ground Lease with 15 year base term plus three 5-year option periods
- 10% base rent increases every five years in the base term and in each of the 3 renewal periods
- No landlord responsibilities. All taxes, insurance, maintenance, repairs, utilities and capital improvements are tenants direct responsibility
- Corporate store, not a franchise
- New construction in 2025
- The HEB grocery store directly across the street experienced 2.7M shopper visits in 2025 which ranks this store as the 58th busiest of all 327 HEB’s in TX (top 18% of all HEB stores) Important to note annual shopper visits at this long-established HEB have increased each of the last three years. (source: Placer.ai)
- The subject property enjoys excellent visibility to all HEB grocery shoppers as well as those at the HEB fuel station
- The 3-tenant retail center adjacent to the east is also available. Please contact broker for additional details.
Documents:
| Title | ||
|---|---|---|
| Offering Memorandum |
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Location
Gallery