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31563373
31563374

967 I-35, Pearsall, TX 78061 For Sale

JS
TX TX 767420
Marcus & Millichap - Dallas
VK
TX 0579633
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas
$7,305,000
Updated 102 days ago

Refuel (2025 Construction)

Details
Property Type Retail
Sub Type Gas Station
Square Footage 4,800
Net Rentable (SqFt) 4,800
Cap Rate 6.23%
NOI $454,825
Occupancy 100%
Tenancy Single
Brand/Tenant Refuel
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 07/31/2045
Remaining Term 19
Rent Bumps Yes
Lease Options Five, 5-Year
Price per SqFt $1,522
Broker Co-Op Yes
Year Built 2025
Acreage 3.660
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/01/2025
Ground Lease No

Refuel | 240+ Location Regional Convenience Operator

Marketing description

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.

Investment highlights

  • Corporate Absolute Net Lease | 19.4 Years Remaining With 10 Percent Rent Increases Every Five Years
  • 2025 Construction | 3.66-Acre Interstate 35 Hard Corner Site With Dual Fueling Canopies
  • Excellent Frontage and Access to Interstate 35 (24,698 VPD)
  • Refuel | 240+ Location Regional Convenience Operator
  • 55-Miles South of San Antonio | Strategic Logistics Hub & Eagle Ford Gateway

Listing Contacts

JS
TX TX 767420
Marcus & Millichap - Dallas
VK
TX 0579633
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$454,825.00
$37,902.08/mo

Valuation Metrics

0
DSCR
6.23%
Cap Rate
6.23%
ROI

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Additional Information

Name
Jake Stammen
License
TX 767420
Brokerage
Marcus & Millichap
Brokerage Phone
972-755-5209
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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