Mattress Firm & Eyemart Express

1667 I 35 S, New Braunfels, TX

$3,931,000

Price

6.16%

Cap Rate

$242,325

NOI

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Street
Map
Overview
Cap Rate
6.16%
NOI
$242,325
Building Size
7,000 sqft
Lot Area
1.29 acres
Occupancy
100%
Year Built
2015
Description

Faris Lee Investments is pleased to present the opportunity to acquire a Mattress Firm and Eyemart in New Braunfels, TX.

The property is an outparcel to Lowe’s & Walmart shopping center in New Braunfels, TX

Highlights
  • Strong Corporate Tenants – Mattress Firm (Upgraded to B1 Credit Rating from Moody’s with A ‘Positive’ Outlook) And Eyemart Express (236 Locations in 42 States)
  • Corporate Guaranteed NNN Leases with Rental Increases
  • Interstate 35 / Austin – San Antonio Corridor (±68,000 VPD)
  • New Braunfels – 3rd Fastest Growing City in America
  • Outparcel to Lowe’s & Walmart Shopping Center
  • Large Parcel with Easy Access
Documents
Location
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