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Property profile

1037 Tx-46 New Braunfels, TX 78130

OFF-MARKET
Retail properties & Spaces
24,000 SF 3 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional Class A retail center in New Braunfels, Texas, presents a unique investment opportunity. Located at 1037 TX-46, zip code 78130, this single-story, 24,000 square foot building sits on three acres of land and boasts a prime location near I-35 and Highway 46, ensuring high visibility and accessibility. Built in 2024, the center features 16 suites, with 19,100 square feet currently available for lease. Units range from a minimum of 1,331 square feet to a maximum contiguous space of 19,100 square feet, offering flexibility for various retail concepts. The property benefits from its location in one of Texas's fastest-growing cities, with above-average household incomes in the surrounding area. The center's design includes inline units and two drive-thru end caps, adding to its appeal and functionality. The C-3 zoning allows for a wide range of retail uses. Annual property taxes are $11 per square foot. This is a rare chance to secure space in a brand-new, high-traffic retail center in a thriving Texas market. The property offers superb visibility from Highway 46 and is strategically positioned for success.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 24,000 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1037 Tx-46 New Braunfels, TX 78130
New Braunfels metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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