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Mattress Firm & Eyemart Express

$3,931,000

1667 I 35 S, New Braunfels, TX 78130

Active
Last Updated: 01/11/2023

6.16

Cap Rate

242,325

NOI

Details:
Cap Rate:    6.16%
NOI:    $242,325
Building Size:    7,000 sqft
Lot Area:    1.29 acres
Occupancy:    100%
Year Built:    2015
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
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

Map:
Documents:
Title
New_Braunfels__TX_Alpha_Interstate_Plaza_OM.pdf
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