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Leased AutoZone Retail Asset
For Sale
Contact for pricing
Pending

602 S Walnut Ave, New Braunfels, TX 78130

Retail property leased to AutoZone with a stated 11+ year term and a 10% rent increase in the primary term.

Property SizeContact for details
Days on Market149

Property Features for 602 S Walnut Ave

General Information

Standard status Pending
Property subtype Retail, Office

Additional Details

Traffic Count 20,000 vehicles/day
Listing Agency: Trinity Real Estate Investment Services
Listed By: Brad Motley · License #TX 586199
Source: Crexi
Added: Apr 10 Changed: Aug 16 Last Checked: Aug 31 at 9:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services

Investment Insights

Based on property information with market context.

This leased retail property is anchored by an AutoZone tenant with an 11+ year NNN lease term and an early extension noted in the remarks. The lease structure includes a stated 10% rent increase in the primary term, supporting long-term income continuity as presented.

The asset is described as a hard corner at a signaled intersection, with 20,000+ VPD indicated directly across from a grocery-anchored center. The information provided highlights strong site traffic and a retail draw from the adjacent grocery center.

Offered for sale, the property’s primary investment framing in the provided materials is centered on the AutoZone lease term, the early extension, and the scheduled rent increase in the primary term.

Key Highlights

  • Retail property leased to AutoZone with a stated 11+ year term
  • Includes a 10% rent increase during the primary term
  • Hard corner at a signaled intersection

Property Analytics

Current Use

AutoZone Auto Parts Auto Parts Store

Suggested Use

Top Pick Building Supply Law Firm HVAC Service Big Box & Wholesale Store Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby

Demographics for 78130, TX

88,349
Population
40,810
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
971
Density / Sq Mi
$84,426
Median Household Income
$45,253
Median Earnings
$1,525
Median Rent
$296,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property leased to AutoZone with a stated 11+ year term and a 10% rent increase in the primary term.
Where is this retail space located?
The property is located at 602 S Walnut Ave New Braunfels, TX.
What are key features of this property?
This property features: Retail property leased to AutoZone with a stated 11+ year term; Includes a 10% rent increase during the primary term; Hard corner at a signaled intersection
(817) 304-8916 Call to check price and availability
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