10-Year Absolute Net Lease Opportunity

10-Year Absolute Net Lease Opportunity

Boerne, TX

Boerne, TX

10-Year Absolute Net Lease Opportunity

Offered for sale is a 10-Year Absolute Net Lease Opportunity located in Boerne, Texas. The asset features a new 10-year lease with 10 percent rent increases every five years, providing contractual income growth with zero landlord responsibilities. The property includes a 4,460-square-foot freestanding building constructed in 2016 with strong access and visibility along River Road (TX-46), which sees approximately 26,373 vehicles per day. The surrounding trade area reports an average household income of $156,867 and continues to experience population growth, supported by ongoing residential and commercial development.

Price $2,400,000
Cap Rate 7.25%
Building Size 4,460 sqft
Lot Size 0.95 acres
Year Built 2016
Offering Memorandum

Luke Sullivan

Associate
(972) 755-5198
Luke.Sullivan@marcusmillichap.com
License: TX 790739

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • New 10-Year Absolute Net Lease With 10 Percent Rent Increases Every Five Years
  • Excellent Access and Visibility On River Road (TX-46) With 26,373 VPD
  • Affluent Trade Area With $156,867 Average Household Income and Strong Population Growth (5-Mile Radius)
  • Modern Construction — 4,400 SF Freestanding Building Built in 2016
  • Directly Across From Champion High School With 2,071 Students and Expansion to 120 Percent Capacity
  • Surrounding Area Experiencing Significant Residential and Infrastructure Expansion Across Boerne Corridor
  • Inferno’s Pizza — Established Hill Country Operator Since 2019 With Family-Oriented Dining and Entertainment Features

Luke Sullivan

Associate
(972) 755-5198
Luke.Sullivan@marcusmillichap.com
License: TX 790739

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633

Ryan Wolf

Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900
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