Dripping Springs, TX - Moon Valley Nursery

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Moon Valley Nursery investment property located in Dripping Springs, Texas. The tenant, Moon Valley Nursery of Texas, LLC has over 6-years remaining with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 3% annual rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

The Moon Valley Nursery is strategically positioned along US-290, the primary east–west commercial corridor connecting Dripping Springs to Austin, with excellent visibility and access to more than 33,200 vehicles per day (VPD). The property benefits from its location within a strong and growing retail corridor featuring major national and regional tenants including H-E-B, Home Depot, CVS Pharmacy, Starbucks, Ace Hardware, Whataburger, and Popeyes, among others. Moon Valley Nursery sits near Belterra Village Shopping Center, a 200,000+ square foot mixed-use retail hub anchored by Ace Hardware, EVO Entertainment, and IHOP, and is surrounded by additional national retailers such as Circle K, Firestone, and ExtraSpace Storage, further driving consistent consumer traffic to the site. The property is less than 30 minutes from Downtown Austin and benefits from the area’s rapid population growth and increasing affluence. The 5-mile trade area boasts a population of over 35,000 residents with an average household income exceeding $200,000, supported by top-tier residential communities and highly rated schools within the Dripping Springs Independent School District (DSISD). The site’s proximity to new residential developments, strong local demographics, and access to the broader Austin MSA provide a long-term foundation for stable investment performance.

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Listing ID: a28TP000001xUkfYAE