7-Eleven w/ Laredo Taco New Braunfels, TX

2505 IH 35
New Braunfels, TX

Price: $6,694,000
Cap Rate: 4.75%
NOI: $317,979
Building Size: Approx. 4,842 Sq. Ft.
Lot Size: Approx. 1.91 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2021

Investment Overview

  • 2021 Construction. 4,842 +/- SF Building on 1.91+/- Acre Site
  • 15 Year Corporate Absolute NNN Lease w/ 7.5% Rental Increases Every 5 Years
  • Excellent Hard Corner Location at the Intersection of I-35 (125K VPD) & Schmidt Ave (6K VPD)
  • Located Within 1 Mile of Walmart Supercenter, Lowe’s Home Improvement, H-E-B, Specs, & More
  • New Braunfels is a Popular Stop on the Route Between San Antonio and Austin
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • New Braunfels  |  Greater San Antonio MSA  |  Population: 98,500+