Property summary
This exceptional investment opportunity presents a fully occupied, multi-tenant retail property in Converse, Texas, a rapidly growing city within the San Antonio MSA. The property boasts a brand-new, 15-year absolute NNN master lease with zero landlord responsibilities, featuring five tenants including a Burger King and Shell gas station. The lease includes a 1.5% annual rent increase, extending through six five-year option periods, and is secured by a high net-worth personal guaranty. The… diverse tenant mix, encompassing a convenience store, express car wash, and a local Mexican restaurant, ensures consistent revenue streams. Situated on a 2.05-acre lot, the 11,442 square foot property comprises three buildings and benefits from a strategic location near the Texas 1604 Loop exit ramp, a major thoroughfare with high daily traffic volume. The property's proximity to Randolph Air Force Base and a strong concentration of national retailers further enhances its appeal. The current Net Operating Income (NOI) stands at $504,000, representing a 6.50% cap rate on the $7,753,846 asking price. This low-management, high-return investment is ideal for out-of-state investors seeking a secure and profitable asset in a thriving market. The property's strong tenant base, long-term lease, and favorable location combine to create a compelling investment proposition with significant long-term growth potential. The property is located at 9175 Farm-To-Market Rd 78, Converse, TX 78109. Built in 2023, this property offers a unique opportunity to acquire a stable and high-performing retail investment.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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