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Take5 Oil Change | Ground Lease | HEB Shadow

$1,389,000

931 South General McMullen Drive, San Antonio, TX 78237

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.
Map:
Documents:
Title
Offering Memorandum
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Location
Gallery