Portillo's Drive-Through NNN
For Sale
Contact for pricing
18678 Interstate 35 North, Schertz, TX 78154
The asset carries a 15-year absolute NNN ground lease with 10% increases scheduled every five years.
Property Size6,750 SF
Price / SF$829.63
Days on Market115
Property Features for 18678 Interstate 35 North
General Information
Standard status
Active
Size
6,750 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$280,000
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Secure Net Lease
(713) 222-2111
Listed By:
Edward Benton · License #557247
Source:
Crexi
Added: May 8
Changed: Aug 30
Last Checked: Aug 3 at 2:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Secure Net Lease
Investment Insights
Based on property information with market context.
This 6,750-square-foot Portillo’s restaurant was built in 2026 and is structured under a new 15-year absolute NNN ground lease. The agreement includes 10% rental increases every five years during the initial term and six additional five-year renewal options. The restaurant prototype includes dual drive-through lanes and a layout designed for high-volume service.
The property occupies the signalized junction of IH-35 and Cibolo Valley Drive in Schertz, with exposure to 155,000+ vehicles per day on IH-35 and 20,000 vehicles per day on Cibolo Valley Drive. It is part of the 72-acre Schertz Station retail development, a planned mixed-use center totaling more than 257,000 square feet. EVO Entertainment anchors the project alongside Panera Bread, CAVA, Dave’s Hot Chicken, and Jersey Mike’s. H-E-B and Chick-fil-A are also nearby, while Randolph Air Force Base is 10 miles away.
The property occupies the signalized junction of IH-35 and Cibolo Valley Drive in Schertz, with exposure to 155,000+ vehicles per day on IH-35 and 20,000 vehicles per day on Cibolo Valley Drive. It is part of the 72-acre Schertz Station retail development, a planned mixed-use center totaling more than 257,000 square feet. EVO Entertainment anchors the project alongside Panera Bread, CAVA, Dave’s Hot Chicken, and Jersey Mike’s. H-E-B and Chick-fil-A are also nearby, while Randolph Air Force Base is 10 miles away.
Key Highlights
- 6,750‑square‑foot restaurant built in 2026
- New 15‑year absolute NNN ground lease
- 10% rental increases every 5 years during the primary term and renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
141k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Leisure 40%
Dining 32%
Home Improvements & Furnishings 23%
Shops & Services 5%
Santikos Entertainment Cibolo
Leisure
56,716 visits/mo
0.1 miles
Murdoch's Ranch & Home Supply
Home Improvements & Furnishings
24,908 visits/mo
0.3 miles
Willie's Grill & Icehouse
Dining
20,570 visits/mo
0.0 miles
Dutch Bros. Coffee
Dining
14,372 visits/mo
0.2 miles
Dunkin' Donuts
Dining
9,906 visits/mo
0.1 miles
Demographics for 78154, TX
41,533
Population
15,688
Households
2.6
Avg Household Size
38
Median Age
40%
College-Educated
94%
High-School Grad
32.9 sq mi
ZIP Area
1,262
Density / Sq Mi
$97,465
Median Household Income
$47,552
Median Earnings
$1,664
Median Rent
$296,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - The asset carries a 15-year absolute NNN ground lease with 10% increases scheduled every five years.
Where is this nnn property located?
The property is located at 18678 Interstate 35 North Schertz, TX.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: 6,750‑square‑foot restaurant built in 2026; New 15‑year absolute NNN ground lease; 10% rental increases every 5 years during the primary term and renewal options
