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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

360 Highway 123 Byp Seguin, TX 78155

8,000 SF 0.79 ac lot Built 2006
Property ID
Property summary
AI-generated overview

This exceptional retail investment opportunity in Seguin, Texas, presents a 100% net-leased property featuring two national credit tenants: Wells Fargo Bank and Hibbett Sports. Located at 360 N Hwy 123 Bypass, this single-story, 8,000 square foot building sits on a 0.79-acre lot in a high-traffic area with excellent visibility. The property boasts a strong tenant profile, with Wells Fargo under a new 8-year lease including three five-year options with 10% rent increases. Hibbett Sports has consistently renewed its lease since 2005. Built in 2006 and renovated in 2023, the Class B property offers a compelling investment with a current Net Operating Income (NOI) of $116,000, resulting in a 6.27% cap rate. The asking price is $1,850,000 ($231.25 per square foot). This is a multi-tenant investment with a corporate guarantee, offering a secure and stable income stream. The property is ideally situated in a high-visibility location surrounded by other major local and national retailers, including a Walmart. This NNN investment is perfect for a 1031 exchange. The property is located in Guadalupe County, Texas, zip code 78155.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2006
Total area 8,000 SF
Lot 0.79 ac (34,412 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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