1030 N Business Ih 35 | New Braunfels, TX 78130
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- LoopNet Team
1030 N Business Ih 35
New Braunfels, TX 78130
STNL Restaurant | New 15 YR Abs. NNN · Retail Property For Sale
Investment Highlights
- New 15yr Sale Lease-back Absolute NNN Lease (Zero Landlord Responsibilities); 10% Increases Every 5 Years to Hedge Against Inflation
- Excellent Frontage and Visibility Along N. Business I-35, (12,000 VPD) & Directly Adjacent to I-35 Freeway (100,000 VPD)
- One of the most Iconic Restaurants in the Region; 16+ Years of Occupancy
- San Antonio MSA: 6th largest populated city in US, 2nd in Texas; Located in New Braunfels, TX; the 5th Fastest Growing in the Nation
- Located on a Major Artery to a Planned $14.8m Downtown Revitalization Project
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,358 SF
Building Class
B
Year Built
1955
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.50 AC
Zoning
C-3 - current use as restaurant
Parking
30 Spaces (8.93 Spaces per 1,000 SF Leased)
Frontage
50 ft on Business Hwy 35
Amenities
- Courtyard
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 13-0110-0075-00 | Improvements Assessment | $469,474 |
| Land Assessment | $479,492 | Total Assessment | $948,966 |
PROPERTY TAXES
Parcel Number
13-0110-0075-00
Land Assessment
$479,492
Improvements Assessment
$469,474
Total Assessment
$948,966
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