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967 S Interstate 35 4,800 SF 100% Leased Retail Building Pearsall, TX 78061 $7,305,000 ($1,521.88/SF) 6.23% Cap Rate
Investment Highlights
- Corporate Absolute Net Lease | 19.4 Years Remaining With 10 Percent Rent Increases Every Five Years
- Excellent Frontage and Access to Interstate 35 (24,698 VPD)
- 55-Miles South of San Antonio | Strategic Logistics Hub & Eagle Ford Gateway
- 2025 Construction | 3.66-Acre Interstate 35 Hard Corner Site With Dual Fueling Canopies
- Refuel | 240+ Location Regional Convenience Operator
Executive Summary
Offered for sale is an absolute net lease Refuel convenience store operating under a Corporate Absolute Net Lease with 19.4 years remaining. The property features 2025 construction and is situated on a 3.66-acre Interstate 35 hard corner site with dual fueling canopies, designed to accommodate both passenger vehicles and commercial traffic. Positioned along this primary north–south trade corridor between San Antonio and Laredo, the site benefits from sustained interstate visibility and direct exposure to a segment facilitating over $339 billion in annual trade through the nation’s #1 land port. Long-haul trucks account for nearly 48 percent of total traffic volume along this corridor, reinforcing the property’s alignment with regional freight movement and commuter activity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
4,800 SF
Building Class
B
Year Built
2025
Price
$7,305,000
Price Per SF
$1,521.88
Cap Rate
6.23%
NOI
$454,825
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
3.66 AC
Frontage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 00195-00004-00734-000080 | Improvements Assessment | $0 |
| Land Assessment | $328,170 | Total Assessment | $328,170 |
Property Taxes
Parcel Number
00195-00004-00734-000080
Land Assessment
$328,170
Improvements Assessment
$0
Total Assessment
$328,170
Contacts
-
Vincent Knipp -
Jake Stammen -
Blake Burnett -
Knipp Wolf Net Lease Group | Marcus & Millichap
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967 S Interstate 35
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