1145 S I-35 - Fast Food FOR SALE


New Braunfels, TX 78130
$1,477,375 USD
210-910-4234
1145 S I-35, New Braunfels, TX for Sale
$1,477,375 USD
Fast Food - FOR SALE
1/1
null | 4.5% Cap Rate

1145 S I-35
New Braunfels, TX 78130


HIGHLIGHTS

  • Current Lease Rate below market - Significant Rental Upside
  • Absolute NNN lease - zero Landlord responsibilites
  • Shadow anchored by Walmart
  • Irreplaceable Location with IH-35 frontage
  • Major Retailers nearby

OVERVIEW

Centrally located off IH 35 in New Braunfels, offering excellent visibility in a high-traffic area. This property is adjacent to Walmart, just south of the Walnut interchange. This Walnut & IH-35 intersection includes major retailers - an HEB anchored retail center as well as the Walnut Square Retail Center. Located in the continuously expanding New Braunfels corridor between downtown Austin (49 miles) and San Antonio (30 miles). New Braunfels is expected to maintain its population growth, with projections indicating a 30% increase over the next decade. Currently home to around 104,000 residents in 2023, the population is anticipated to exceed 135,000 by 2033. This expansion is primarily fueled by its close location to Austin and San Antonio, making it a desirable choice for both businesses and individuals seeking more affordable living options within commuting range of these major cities.

FOR SALE DETAILS

PRICE

$1,477,375 USD

PRICE/SF

$610 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

CROSS STREETS

Walnut

LAND ACRES

0.41 AC

LAND SF

18,034 SF

ZONING

C-3

APN/PARCEL ID

10-0029-0005-00

ASK ABOUT THIS PROPERTY

James SullivanSullivan Commercial RealtyMore Info
210-910-4234

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James SullivanSullivan Commercial RealtyMore Info
210-910-4234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.