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582 Geneva St
New Braunfels, TX 78132
The Goddard School of New Braunfels · Retail Property For Sale
Investment Highlights
- Long-Term Single Tenant Net Lease Opportunity
- High Quality Construction Built in 2021
- Upside with Rents 33% Below Newly Constructed Schools
- +/- 11 Years Remaining Lease Term with Annual CPI Increases
- Irreplaceable Location within the Veramendi Neighborhood
- Nation's Leading Early-Education Provider - #1 Ranked Childcare/Early Education Franchise - 670 Schools Across 37 States
Executive Summary
Cushman & Wakefield’s Central Texas Private Capital Group is pleased to present The Goddard School of New Braunfels, a premier single-tenant early-education facility located at 582 Geneva Street within the highly acclaimed Veramendi master-planned community in New Braunfels, Texas. The offering consists of a 10,483 square foot building situated on 1.44 acres, delivered in 2021 with high-quality construction and modern design tailored to premier childcare use.
The property is 100% leased to The Goddard School, a top-tier national operator, with 11+ years of remaining lease term and below-market rents, providing a rare opportunity to acquire an asset with long-term, stable cash flow with embedded upside. This location is among the operator’s top-performing schools, consistently maintaining a waitlist, which further reinforces the long-term durability of the income stream.
Situated in an irreplaceable location within Veramendi, the property sits directly adjacent to Veramendi Elementary School, creating a natural and enduring demand driver for childcare services. The surrounding community continues to experience strong population and household growth, supporting long-term asset performance and residual value.
Please reach out to a team member to learn more about this opportunity.
The property is 100% leased to The Goddard School, a top-tier national operator, with 11+ years of remaining lease term and below-market rents, providing a rare opportunity to acquire an asset with long-term, stable cash flow with embedded upside. This location is among the operator’s top-performing schools, consistently maintaining a waitlist, which further reinforces the long-term durability of the income stream.
Situated in an irreplaceable location within Veramendi, the property sits directly adjacent to Veramendi Elementary School, creating a natural and enduring demand driver for childcare services. The surrounding community continues to experience strong population and household growth, supporting long-term asset performance and residual value.
Please reach out to a team member to learn more about this opportunity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,483 SF
Building Class
C
Year Built
2021
Cap Rate
7%
Percent Leased
100%
Building Height
1 Story
Building FAR
0.17
Lot Size
1.45 AC
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