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.

Building Size 4,460 sqft
Lot Size 0.95 acres
Year Built 2016
Offering Memorandum

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

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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