Retail Space Near Busiest
941 S General McMullen Dr San Antonio, TX 78237
941 S General McMullen Dr, San Antonio, TX, 78237
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For Sale
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Retail space with high visibility near a high-traffic HEB.
Property Size3,500 SF
Price / SF$462.86
Days on Market117
Property Features for 941 S General McMullen Dr
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Listing Agency
Resolut RE
(512) 474-5557
Listed by
Alan Rust · License #TX 579541
Source
Crexi
Added: Mar 24 Checked: Jul 6 at 1:17 pm
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
Investment Insights
Based on property information with market context.
This retail space benefits from its location directly across the street from an HEB store that experienced 2.7 million shopper visits in 2025, ranking it among the top 18% of HEB stores in Texas. The HEB has seen increased annual shopper visits over the past three years. The property is situated in a densely populated area with over 125,000 residents within a 3-mile radius, with an average household income of $60,000+. Within a 5-mile radius, the population exceeds 319,000, with an average household income of $73,000+. The center offers excellent visibility to the HEB and is located next door to an O'Reilly's Auto Parts and a corporate-owned Take 5 Oil Change. The adjacent new Take 5 Oil Change single-tenant ground lease is also available.
Key Highlights
- Located directly across the street from a high‑traffic HEB (2.7M shopper visits in 2025, top 18% of all HEBs in TX).
- High population density: 125k+ residents within 3 miles, 319k+ within 5 miles.
- Strong demographics: $60k+ average household income within 3 miles, $73k+ within 5 miles.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.7k | $19.92 |
| − Vacancy | −$2.8k | −$0.80 |
| EGI | $66.9k | $19.12 |
| − OpEx | −$20.1k | −$5.74 |
| NOI | $46.9k | $13.39 |
3,500 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$669.3K
$585.7K – $780.9K
NOI $46,852 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$892.8K
$781.2K – $1.04M
NOI $62,495 @ 7.0% cap · market cap 3.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
South Texas Pizza
Restaurant
Action Credit, San ...
Loan Service
Fred Loya Insurance
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space with high visibility near a high-traffic HEB.
Where is this retail space located?
The property is located at 941 S General McMullen Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: Located directly across the street from a high‑traffic HEB (2.7M shopper visits in 2025, top 18% of all HEBs in TX).; High population density: 125k+ residents within 3 miles, 319k+ within 5 miles.; Strong demographics: $60k+ average household income within 3 miles, $73k+ within 5 miles.
