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Two-Tenant Retail Center

703 W Oaklawn, Pleasanton, TX 78064

For Sale
Contact for pricing

A Subway location and Mr. Puff Smoke Shop occupy the center under separate leases.

Property Size2,200 SF
Lot Size0.33 Acres
Price / SF$363.64
Days on Market18

Property Features for 703 W Oaklawn

General Information

Standard status Active
Size 2,200 SF
Lot size 0.33 Acres
Property subtype Retail
Occupancy 100%
Net Operating Income $70,813

Financials

Asking Price $800,000
Cap Rate 8.85%

Site & Location

Corner Location Yes
Anchor Co-Tenants Subway
Traffic Count 22,155 vehicles/day

Additional Details

Tenant in Place Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: RESOLUT RE San Antonio
Listed By: Natalie Romero · License TX #797495
Source: Crexi
Added: Oct 23 Changed: Nov 8 Last Checked: Nov 8 at 4:31PM

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 RESOLUT RE San Antonio

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 2,200-square-foot retail center sits on a 0.326-acre parcel and is fully leased to Subway and Mr. Puff Smoke Shop. Subway has occupied its space since 2023, with four renewal options extending through 2048 and a right of first refusal. Mr. Puff Smoke Shop’s lease, signed in May 2026, runs through July 2031 and includes annual rent increases. Both leases pass through taxes and insurance, and each tenant is responsible for maintaining its interior.

The property occupies a signal-controlled corner along W Oaklawn Rd in Pleasanton. The road carries 22,155 vehicles per day.

Key Highlights

  • 2,200‑square‑foot center on 0.326 acres
  • Fully leased to Subway and Mr. Puff Smoke Shop
  • Signalized corner on W Oaklawn Rd, which carries 22,155 vehicles per day

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,484
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,680 $649.7K
Cap Rate 7%
$464,057 $464.1K
Cap Rate 9%
$360,933 $360.9K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$49.6K $22.56/SF
− Vacancy
−$3.2K −$1.47/SF
EGI
$46.4K $21.09/SF
− OpEx
−$13.9K −$6.33/SF
NOI
$32.5K $14.77/SF
Area
Atascosa County, TX
Vacancy
6.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,680
Cap Rate 7%
$464,057
Cap Rate 9%
$360,933

Alternative Uses

Best Use
Retail
$464.1K
$406.1K – $541.4K (±1% cap)
NOI $32,484 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$584.7K
$511.7K – $682.2K (±1% cap)
NOI $40,932 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Grocery & Convenience Store Real Estate Agency Pet Grooming Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22,155 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby
Well-served
Demand for This Use

Demographics for 78064, TX

15,710
Population
6,179
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
281.4 sq mi
ZIP Area
56
Density / Sq Mi
$69,407
Median Household Income
$36,185
Median Earnings
$1,109
Median Rent
$216,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Shopping center - A Subway location and Mr. Puff Smoke Shop occupy the center under separate leases.
Where is this shopping center located?
The property is located at 703 W Oaklawn Pleasanton, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,200‑square‑foot center on 0.326 acres; Fully leased to Subway and Mr. Puff Smoke Shop; Signalized corner on W Oaklawn Rd, which carries 22,155 vehicles per day
(832) 715-7585 Call to check price and availability
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