Advance Auto Parts New Braunfels, TX

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+

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