8807 FM78 - Retail FOR SALE


Converse, TX 78109- Northeast Side
$1,635,600 USD
210-658-4848
8807 FM78, Converse, TX for Sale
$1,635,600 USD
Retail - FOR SALE
1/8
null | 6.25% Cap Rate

8807 FM78
Converse, TX 78109
Northeast Side


HIGHLIGHTS

  • Brand New 15-Year NNN Lease
  • New Construction (2026)
  • Single-Tenant Net Lease Investment
  • 2% Annual Rent Increases
  • High Visibility and Accessibility
  • San Antonio MSA Growth Market

OVERVIEW

New construction Costa Oil 10 Minute Oil Change investment opportunity located along FM 78 in Converse, Texas within the rapidly growing San Antonio MSA. The property is leased under a new 15-year NNN lease featuring 2% annual rent increases and one 15-year renewal option. Year 1 NOI is $102,225, offering an attractive 6.25% cap rate. Strategically positioned in the high-growth Northeast San Antonio corridor, the property benefits from strong demographics, expanding residential development, and excellent visibility along FM 78. The newly constructed facility offers investors long-term contractual income, annual rent growth, and limited landlord responsibilities, making it an attractive passive investment opportunity in one of Texas’ fastest-growing metropolitan markets.

FOR SALE DETAILS

PRICE

$1,635,600 USD

PRICE/SF

$1,924 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Costa Oil - Converse, TX

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Service Station, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

Commercial

APN/PARCEL ID

05071-201-0140

ASK ABOUT THIS PROPERTY

Troy LottTJ Elite PropertiesMore Info
210-658-4848

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Troy LottTJ Elite PropertiesMore Info
210-658-4848

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.