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New Construction Retail with National Tenants 1702 Louise Ln 11,575 SF 36% Leased Retail Building Online Auction Sale Pearsall, TX 78061
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Investment Highlights
- New-construction retail investment with eight premium storefronts, including an end cap with drive-thru capabilities.
- High-traffic location directly off Interstate 35, shadow-anchored by H-E-B, with prominent visibility to daily traffic counts of more than 25,000.
- Within an established retail hub, near national brands like Whataburger, Starbucks, Little Caesars Pizza, Subway, and a Petro Travel Stop.
- Significant value-add opportunity already 35.5% leased with recently signed lease agreements, including national brands Domino’s and AT&T.
- Long-term fully NNN lease agreements with planned escalations, delivering dependable rental income.
- Placed near major demand drivers, including Frio Regional Hospital, the South Texas Detention Center, and Pearsall Nursing and Rehab Center.
Executive Summary
1702 Louise Lane presents an exceptional, new-construction retail investment with a high-traffic location directly off Interstate 35 in Pearsall, Texas. Shadow-anchored by H-E-B and already 35.5% leased with long-term in-place agreements with strong, national tenants, this lucrative opportunity is perfect for investors seeking dependable rental income and significant value-add potential.
This impeccable asset spans a total of 11,575 square feet and was delivered in 2025. The building includes eight suites, including an end cap with drive-thru capabilities, with three units currently leased. An already impressive tenant mix includes national retail leaders like Domino’s and AT&T, opening the way to attract new businesses with strong cross-traffic. Domino’s lease runs for 10 years, with a 6% rent increase every two years until 75 months, and the AT&T lease runs for five years with two five-year options with a 10% increase in each option period. All the leases are fully NNN, ensuring limited responsibilities for a new owner.
1702 Louise Lane enjoys a best-in-class location within a major retail node, with direct visibility from Interstate 35. With more than 25,000 daily passing vehicles, this vital interstate delivers strong customer traffic that makes this prime placement for retailers. The property is shadow-anchored by H-E-B, the top grocery chain in Texas, and is surrounded by national brands, including Tractor Supply Co., Starbucks, Little Caesars Pizza, Subway, and a Petro Travel Stop. The area also presents several significant regional demand drivers, including Frio Regional Hospital, the South Texas Detention Complex, and the Pearsall Nursing and Rehab Center.
In addition to the strong customer traffic from Interstate 35, this exceptional property benefits from a valuable captive audience within just a 5-mile radius. The area is home to over 11,000 residents who provide consumer spending of more than $90 million annually.
Combining premium new construction retail, long-term lease agreements with built-in escalations, and a prime location along Interstate 35, 1702 Louise Lane offers a compelling value-add investment with existing rental income.
This impeccable asset spans a total of 11,575 square feet and was delivered in 2025. The building includes eight suites, including an end cap with drive-thru capabilities, with three units currently leased. An already impressive tenant mix includes national retail leaders like Domino’s and AT&T, opening the way to attract new businesses with strong cross-traffic. Domino’s lease runs for 10 years, with a 6% rent increase every two years until 75 months, and the AT&T lease runs for five years with two five-year options with a 10% increase in each option period. All the leases are fully NNN, ensuring limited responsibilities for a new owner.
1702 Louise Lane enjoys a best-in-class location within a major retail node, with direct visibility from Interstate 35. With more than 25,000 daily passing vehicles, this vital interstate delivers strong customer traffic that makes this prime placement for retailers. The property is shadow-anchored by H-E-B, the top grocery chain in Texas, and is surrounded by national brands, including Tractor Supply Co., Starbucks, Little Caesars Pizza, Subway, and a Petro Travel Stop. The area also presents several significant regional demand drivers, including Frio Regional Hospital, the South Texas Detention Complex, and the Pearsall Nursing and Rehab Center.
In addition to the strong customer traffic from Interstate 35, this exceptional property benefits from a valuable captive audience within just a 5-mile radius. The area is home to over 11,000 residents who provide consumer spending of more than $90 million annually.
Combining premium new construction retail, long-term lease agreements with built-in escalations, and a prime location along Interstate 35, 1702 Louise Lane offers a compelling value-add investment with existing rental income.
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Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Storefront
Building Size
11,575 SF
Building Class
B
Year Built
2025
Percent Leased
36%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
2.00 AC
Parcel Number
00195-00004-00531-000851
Zoning
C-3 - General Commercial District
Amenities
- Drive Thru
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- Suite 104
- 1,500 SF
- Retail
- In-Line
- Now
- Suite 105
- 1,500 SF
- Retail
- In-Line
- Now
- Suite 106
- 1,500 SF
- Retail
- In-Line
- Now
- Suite 107
- 1,500 SF
- Retail
- In-Line
- Now
End cap with Drive Thru
| Space | Size | Space Use | Position | Available |
| Suite 104 | 1,500 SF | Retail | In-Line | Now |
| Suite 105 | 1,500 SF | Retail | In-Line | Now |
| Suite 106 | 1,500 SF | Retail | In-Line | Now |
| Suite 107 | 1,500 SF | Retail | In-Line | Now |
| Suite 108 | 1,500 SF | Retail | End Cap | Now |
Suite 104
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Suite 105
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Suite 106
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Suite 107
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Suite 108
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
Suite 108
| Size | 1,500 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
End cap with Drive Thru
Demographics
Demographics
1 mile
3 mile
5 mile
2024 Population
4,926
10,827
11,008
2020 Population
4,448
9,886
10,066
2029 Population
5,443
11,935
12,131
2024-2029 Projected Population Growth
10.5%
10.2%
10.2%
Daytime Employees
2,178
4,136
4,155
Total Businesses
139
408
412
Average Household Income
$51,747
$64,878
$65,255
Median Household Income
$36,419
$47,391
$47,607
Total Consumer Spending
$30.9M
$88.8M
$90.3M
Median Age
34.9
35.4
35.4
2024 Households
1,349
3,395
3,444
Percent College Degree or Above
9%
7%
7%
Average Home Value
$99,643
$148,515
$148,206
Nearby Major Retailers
Sale Advisor
Sale Advisor
Jon Galindo, CCIM, Senior Associate
Jon Galindo is a Senior Associate with NAI Excel, specializing in tenant and landlord representation, pad site sales and leasing throughout the San Antonio market. He brings a mission-driven work ethic and deep market insight to every assignment, helping clients make informed, strategic real estate decisions.
A retired U.S. Army Sergeant Major with over 20 years of service and six deployments, Jon applies the same discipline, integrity, and leadership from his military career to commercial real estate. Since entering the industry in 2021, he has built a reputation for honest communication, strong client advocacy, and local expertise.
Jon holds the prestigious CCIM designation and currently serves as the 2025 President of the CCIM San Antonio/South Texas Chapter. He earned his bachelor’s degree in Strategic Studies and Defense Analysis from Norwich University.
A retired U.S. Army Sergeant Major with over 20 years of service and six deployments, Jon applies the same discipline, integrity, and leadership from his military career to commercial real estate. Since entering the industry in 2021, he has built a reputation for honest communication, strong client advocacy, and local expertise.
Jon holds the prestigious CCIM designation and currently serves as the 2025 President of the CCIM San Antonio/South Texas Chapter. He earned his bachelor’s degree in Strategic Studies and Defense Analysis from Norwich University.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Keisha Hartshorn
Contact
Auctioneer License:
Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
1 of 21
Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
Contact the Sale Advisor
New Construction Retail with National Tenants | 1702 Louise Ln
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New Construction Retail with National Tenants | 1702 Louise Ln
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