Pleasant Valley Business Center | 12 Truss Dr
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Pleasant Valley Business Center 12 Truss Dr
10,500 SF 100% Leased 4-Star Retail Building Boerne, TX 78006 $3,500,000 ($333.33/SF) 6.56% Cap Rate
INVESTMENT HIGHLIGHTS
- 6.56% Cap Rate - current
- New Retail Center - Boerne Texas - State Highway 46 Visibility
- Great Tenant Mix - No Delinquencies
- Long term leases
- All units are 1500+/- SF - note 101/102 were combined for one unit
EXECUTIVE SUMMARY
6.5% cap rate - 100% occupied - All Tenants reporting great business and time on their leases - No Delinquencies - 10,500+/- building For Sale in Boerne Texas - Great Hwy 46 Frontage - Near Boerne Texas and Cordillera Ranch
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Price
$3,500,000
Price Per SF
$333.33
Cap Rate
6.56%
NOI
$229,705
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.25 AC
Zoning
Unrestricted - Unrestricted County
Parking
56 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
100’ on Truss Dr.
AMENITIES
- Storage Space
- Recessed Lighting
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 300659 | Improvements Assessment | $842,300 |
| Land Assessment | $307,500 | Total Assessment | $1,149,800 |
PROPERTY TAXES
Parcel Number
300659
Land Assessment
$307,500
Improvements Assessment
$842,300
Total Assessment
$1,149,800
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Pleasant Valley Business Center | 12 Truss Dr
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