Oaklawn Retail

Investment Summary

• RESOLUT RE is pleased to present 703 W Oaklawn, a 2,200 SF, 100% leased, Subway-anchored strip center on a signalized hard corner in Pleasanton, Texas. The property sits on 0.326 acres along W Oaklawn Rd, which carries 22,155 vehicles per day, and it is offered at $800,000, an 8.85% in-place cap rate on $70,813 NOI. The center has two tenants. Subway has operated here since 2023, has four renewal options extending through 2048 and holds a right of first refusal. Mr. Puff Smoke Shop signed a new lease in May 2026 that runs through July 2031 with annual rent increases. Both leases pass through taxes and insurance, and tenants maintain their own interiors, making the asset light on management.

Investment Highlights

• Signalized hard-corner location. The property sits at the intersection of W Oaklawn Rd & N Bryant St with pylon signage and two access points, giving tenants strong visibility to 22,155 vehicles per day.
• 100% leased with staggered expirations. Subway’s initial term ends in February 2028 and Mr. Puff’s runs through July 2031, so rollover is spread out and neither lease expires in the first year of ownership.
• Long renewal runway. Six renewal options across the two leases, including four five-year Subway options through 2048, give a buyer a path to long-term income without re-leasing.
• Built-in rent growth. Mr. Puff’s rent steps up annually from $24.00/SF to $27.00/SF by 2030, and Subway’s first option carries a scheduled increase to $44.40/SF in March 2028.
• Management-light ownership. With two tenants who maintain their own interiors and the site, an owner or investor can hold this asset with minimal day-to-day involvement.
• Improving retail corridor. The recent openings of Chick-fil-A and 7-Brew nearby add traffic and validate demand for quick-service and convenience uses along this stretch of Pleasanton.

Location Summary

• Pleasanton is the Atascosa County seat and the retail, healthcare and services hub for the Brush Country, about 30 to 35 miles south of downtown San Antonio on I-37. The property sits on W Oaklawn Rd, the city’s main commercial corridor, at a signalized corner where N Bryant St meets 22,155 vehicles per day. Both of the national quick-service brands that recently arrived in Pleasanton chose this same stretch of Oaklawn.

Highlights

• Newest national retail is on this corridor. Pleasanton’s first Chick-fil-A opened on July 23, 2026 at 620 W Oaklawn Road, and a new 7 Brew drive-thru coffee shop was permitted at 506 W Oaklawn Road, so the two newest brands in town are drawing traffic to the same stretch as the property.
• Neighbors generate daily traffic. The Pleasanton Police Department sits directly north, Sonic Drive-In is to the east, and NAPA Auto Parts is to the south. AutoZone, Texas Farm Credit, State Farm and Fastenal are also within view on the local business map, so the center is surrounded by established daily-needs users.
• I-37 ties Pleasanton to San Antonio and the Gulf Coast. The city sits on the interstate freight and commuter route between San Antonio and Corpus Christi, and the drive to downtown San Antonio is roughly 30 to 35 minutes off-peak, which supports a commuter and bedroom-community customer base.
• A stable income base supports everyday retail. Median household income is $71,692 within 3 miles and $72,542 within 5 miles, and 57% of housing within one mile is owner-occupied, which favors the convenience, food and service tenants this center is built for.
• Eagle Ford activity adds economic depth. Pleasanton functions as a regional center for retail, healthcare, agriculture and Eagle Ford Shale activity, which diversifies the local economy beyond commuting, though it also ties part of demand to energy cycles.