1210 Business Interstate 35 hwy | New Braunfels, TX 78130
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1210 Business Interstate 35 hwy
New Braunfels, TX 78130
Absolute NNN Lease Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 year absolute NNN lease with rental increases every 5 years
- Corporate guarantee - NASDAQ:WBA
- Strong demographics with an expected 16% population increase within the next 5 years
- Below market rent at $24 per foot
- Tax free income state
- Well located along dense retail corridor - 40,000+ VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,810 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.97 AC
Zoning
GC - General Commercial
Frontage
400’ on Highway 35
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 42-0385-0001-00 | Improvements Assessment | $1,713,798 |
| Land Assessment | $1,568,298 | Total Assessment | $3,282,096 |
PROPERTY TAXES
Parcel Number
42-0385-0001-00
Land Assessment
$1,568,298
Improvements Assessment
$1,713,798
Total Assessment
$3,282,096
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