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111 S Union Ave

7,113 SF 34% Leased Retail Building New Braunfels, TX 78130 £1,851,144 (£260.25/SF)

EXECUTIVE SUMMARY

Prime investment opportunity. The corner Tenant will be vacating in November, creating an opportunity to occupy the space or lease the space. The other two Tenants, Spud Ranch & 1836 Cafe are in NNN Leases. There could be an option to purchase an adjacent lot for additional parking or more retail space.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,113 SF
Building Class
C
Year Built
1970
Price
£1,851,144
Price Per SF
£260.25
Percent Leased
34%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.34
Lot Size
0.48 AC
Parking
23 Spaces (3.23 Spaces per 1,000 SF Leased)
Frontage
92 ft on E Common St

AMENITIES

  • Bus Route
  • Pylon Sign
  • Signage
  • Signalised Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 300
  • 1,200 SF
  • Retail
  • In-Line
  • Now

This 1,200 square feet was previously part of 3,450 square feet that Blumenmeisters leased. The space is 20' wide by 60' deep. The front 20' was used as retail and the back 40' for storage and design. The space will require an update, which the Landlord will contribute to complete.

Space Size Space Use Position Available
300 1,200 SF Retail In-Line Now

300

Size
1,200 SF
Space Use
Retail
Position
In-Line
Available
Now

300

Size 1,200 SF
Space Use Retail
Position In-Line
Available Now

This 1,200 square feet was previously part of 3,450 square feet that Blumenmeisters leased. The space is 20' wide by 60' deep. The front 20' was used as retail and the back 40' for storage and design. The space will require an update, which the Landlord will contribute to complete.

NEARBY MAJOR RETAILERS

Frost Bank ATM
Buffalo Wings & Rings
Freddy's Frozen Custard & Steakburgers
Gold's Gym

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-0000-0309-00
Land Assessment
£504,276
Improvements Assessment
£328,301
Total Assessment
£832,577
  • Listing ID: 25421169

  • Date on Market: 07/04/2022

  • Last Updated:

  • Address: 111 S Union Ave, New Braunfels, TX 78130

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