Raising Cane’s

Raising Cane's

1188 Interstate 35 Frontage Road
New Braunfels, TX

Price: $3,691,000
Cap Rate: 5.25%
NOI: $193,750
Building Size: Approx. 3,639 Sq. Ft.
Lot Size: Approx. 0.64 Acres
Status: Available
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built / Renovated: 2016 / 2018

Investment Overview

Lowest Priced Raising Cane’s reverse build-to-suite in the country!

  • 2018 Conversion. 3,639+/- SF Building on .64+/- Acre Site
  • New 15 Year Corp NNN Lease beginning November 2018
  • Located along I-35 Frontage (23K VDP) & Walnut Ave (20K VPD)
  • Near Walmart, Lowe’s, Chick-fil-A, Starbucks, AutoZone, Chase, H-E-B
  • Pad to Walnut Square Shopping Center (190k S.F) off I-35 (115K VPD)
  • Major Employers: Camal ISD | Sysco | IBX Corp | Hunter Industries
  • 2.4 Miles South of Schlitterbahn Waterpark ($500M Economic Impact)
  • New Braunfels is located in TX Hill Country w/ access to the Guadalupe River
  • Second-fastest growing city nationally (2016-2017) -U.S Census Population
  • 20-Miles Northeast of San Antonio and 45-Miles Southwest of Austin, TX
  • 3-Mile Radius: Day Pop: 27,355 | 3-Miles: Average HH Income: $79,515
  • Greater San Antonio ( MSA) | 3rd Largest MSA in the TX | Pop: 2,473,974