2688 Loop 337
New Braunfels, TX
Price:
$4,069,000
Cap Rate:
5.65%
NOI:
$229,933
Building Size:
Approx. 6,889 Sq. Ft.
Lot Size:
Approx. 1 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Parts
Year Built:
2023
Investment Overview
- 2024 Construction. 6,889+/- SF Building on 1.00+/- Acre Site
- New Construction, 15 Year Abs. NNN Corporate Lease w/ a 10% Rent Bump in Year 10 & 10% Bumps Every 5 Years
- Highly Visible Location – Located on Loop 337 (13,100+ VPD), Which Begins at I-35 (41,500+) VPD
- Located in a Growing Commercial & Residential District – Pad Site to an H-E-B
- Less Than a Mile from New Braunfels High School (1,926+ students), 1 Mile from Landa Park Golf Course, & Less Than 2 Miles from Original Schlitterbahn Waterpark
- Advance Auto Parts is One of the Largest Auto Stores in the Country w/ Over $16B in Revenue Across 4,776 Stores
- New Braunfels | 26 Miles From Downtown San Antonio, TX | Population: 106,000+