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18678 I-35 N.
Schertz, TX 78154
Portillo's · Retail Property For Sale
Investment Highlights
- 2026 Construction. 6,750+/- SF Building. 1.95+/- Acre Site
- Located Within 72-AC Schertz Station Retail Development – 257,000+ SF Mixed-Use Center Anchored by EVO Entertainment (~100k SF)
- Publicly Traded National Tenant- Portillo’s (NASDAQ: PTLO) has Approx. $732M in FY25 Revenue Across 98 Locations, Including 16 Texas Locations
- Signalized Freeway Interchange Positioned at Intersection of IH-35 (155k+ VPD) and Cibolo Valley Drive (20k+ VPD)
- Surrounded by Demand Drivers – SCUCISD (15k+ Students), Randolph Air Force Base (11k Personnel), UTSA (38k+ Students), SA Airport (11M+ Passengers/Yr)
- Schertz | Fast-Growing Submarket Within the San Antonio MSA | 33% Pop. Growth in Past Decade | Population: 45,566+
Executive Summary
15-Year Absolute NNN Ground Lease w/ 10% Rent Increases Every 5 Years in Primary Term & (6) 5-Year Renewal Options
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,750 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$7,636,496 CAD
Price Per SF
$1,131.33 CAD
Cap Rate
5%
NOI
$381,825 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.95 AC
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