REIT Sale | Former Zips Car Wash | 29K VPD | San Antonio MSA | 8.6% Population Growth | Walmart Shadow

• 2,526 SF Car Wash Facility and Vacuum Bays Building on 0.988 Acres, Shadow Anchored by Walmart
• ±29,561 VPD Highway Traffic Counts | Just 3.5-Miles to I-10 and 5.5-Miles to Randolph Air Force Base
• Exceptional Real Estate Value | Located in Dense Retail Corridor as User Opportunity or Potential Development
• Nearby National Retailers: Walmart, Tractor Supply Co, Dunkin, Starbucks, Subway, Dollar Tree, Papa Johns, Great Clips, and more
• Dense Market with Population of 217,082 and Average Household Income of ±$75,493 (5-Mile Radius, Esri)
• 8.56% Population Growth from 2020-2025 and 5.93% Growth Projected from 2025-2029 (3-Mile Radius)
• Flexible Zoning for a Variety of General Commercial Uses & Activities
• Absolute $1 Auction – NO RESERVE! 

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present the opportunity to acquire a vacant, free-standing retail building with car wash located at 8242 FM 78 in Converse, Texas 78109 (the “Property”). Previously occupied by Zips Car Wash, the Property is being offered significantly below replacement cost, presenting an attractive opportunity for owner-users and investors to acquire a well-located commercial asset with meaningful value-add potential. FIRST BID MEETS RESERVE! Originally constructed in 2010, the Property consists of a one-story, free-standing building totaling ±2,526 square feet, featuring a retail/service component with an attached automatic car wash and vacuum bays. The Property is situated on a ±0.988-acre parcel (±43,037 SF) and includes 25 surface parking spaces, along with convenient access via a dedicated point of ingress and egress along Seguin Road/FM 78. Located within the Northeast Submarket of the greater San Antonio area, the Property offers a compelling opportunity to capitalize on strong market fundamentals and create value through repositioning and lease-up at market rates. According to CoStar, retail rents in the area range from approximately $23 to $28 per square foot NNN, supporting the potential for significant upside through lease-up or adaptive reuse. The Property is located in an area with unregulated zoning, allowing for a broad range of commercial uses and enhancing long-term flexibility and redevelopment potential. 

Auctioneer: Lamar P. Fisher Fisher Auction Company Inc. License: 10344