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Investment Highlights

  • Ground Lease with 15 year base term plus three 5-year option periods
  • No landlord responsibilities. All taxes, insurance, maintenance, repairs, utilities, and capital improvements are tenants direct responsibility
  • New Construction in 2025
  • 10% Base rent increases every five years in the base term and in each of the 3 renewal periods
  • Corporate store, not a franchise
  • The HEB Grocery store directly across the street experienced 2.7M shopper visits in 2025 which is in the top 18% for HEB locations

Executive Summary

Investment Sale Opportunity. Tenant has a 15 year Ground Lease on the property.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,813 SF
Building Class
B
Year Built
2004
Price
$1,898,485 CAD
Price Per SF
$1,047.15 CAD
Cap Rate
5.40%
NOI
$102,518 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.25 AC
Zoning
C3 - General Commercial District
Parking
10 Spaces (5.52 Spaces per 1,000 SF Leased)
Frontage
71’ on South General McMullen Dr

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Take 5 Oil Change
  • Services
  • 99,999 SF
  • $9.99
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Take 5 Oil Change Services 99,999 SF $9.99 -
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Nearby Major Retailers

Rent-A-Center
H-E-B
Truist Bank
Premier Rental Purchase
Buddy's Home Furnishings

Property Taxes

Property Taxes

Parcel Number
08124-003-1860
Land Assessment
$167,052 CAD
Improvements Assessment
$77,619 CAD
Total Assessment
$244,671 CAD
  • Listing ID: 39907240

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 931 S General McMullen Dr, San Antonio, TX 78237

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