New Braunfels TX - NNN Property
$800,000
1272 Farm to Market Road 1863, Canyon Lake, TX 78132
7.5
Cap Rate
1,680 sqft
Building Size
Details:
Description:
NNN Investment Opportunity - New Braunfels TX
Investment opportunity at 1272 FM 1863, located in the vibrant and rapidly growing Extra Territorial Jurisdiction (ETJ) of New Braunfels, Texas. This prime property, spanning ±40,729 square feet of land with 2 structures on it, is currently leased to a bar and entertainment venue with a 5-year NNN lease containing escalation terms, offering a 7.5% capitalization rate.
Secured by a 5-year NNN lease with escalating terms, ensuring predictable cash flow with tenant responsibility for taxes, insurance, and maintenance.
Attractive 7.5% Cap Rate: Delivers a strong return on investment, ideal for investors.
Prime Location: Situated at 1272 FM 1863 in the New Braunfels ETJ, this property benefits from high visibility, accessibility, and the area’s booming growth.
Turnkey Opportunity: Fully leased with no immediate management required, making it a hassle-free investment.
Located in the vibrant and rapidly growing Extra Territorial Jurisdiction (ETJ) of New Braunfels, Texas.
Secured by a 5-year NNN lease with escalating terms, ensuring predictable cash flow with tenant responsibility for taxes, insurance, and maintenance.
Attractive 7.5% Cap Rate: Delivers a strong return on investment, ideal for investors.
Turnkey Opportunity: Fully leased with no immediate management required, making it a hassle-free investment.
Prime Location: Situated at 1272 FM 1863 in the New Braunfels ETJ, this property benefits from high visibility, accessibility, and the area’s booming growth.
Documents:
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1272 FM 1863 Commercial Real Estate for Sale by Tom Verducci |
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