Boerne, TX - Boerne Town Center Pads
$15,110,000
34590 / 34674 / 34618 / 34702 IH-10 West, Boerne, TX 78006
5.75
Cap Rate
868,182
NOI
Details:
Description:
• The offering consists of a strong tenant lineup, creating a stabilized, income stream for a new investor
• Diverse, necessity based tenant line-up, ensuring stable cash flows
• All tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor
• The pads will be strategically positioned as outparcels to a brand new Sprouts grocery store anchored shopping center, significantly increasing consumer traffic to the center
• The property is also within walking distance to a 185,000+ SF Walmart Supercenter and an H-E-B grocery store
• The property is in the center of a primary retail corridor with other nearby national/credit tenants including The Home Depot, Tractor Supply Co, Ace Hardware, Raising Cane’s, Starbucks, Whataburger, Discount Tire, Chili’s, and more, further increasing consumer traffic to the site
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
Location

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