HTeaO | 1511 E Main St
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HTeaO 1511 E Main St
2,403 SF Retail Building Fredericksburg, TX 78624 $2,400,000 ($999/SF) 6% Cap Rate
Investment Highlights
- Brand New Construction | 15-Year Absolute NNN Lease | Annual Rental Increases
- Signalized Intersection | Located on Major U.S. Highway | Access via Both Roadways
- Affluent Area | $122,378 Average Household Income Within 3 Miles
- Part of the Texas Hill Country | Texas’ Most-Popular Wine-Tasting Destination | 100+ Vineyards & Wineries | 5+ Million Visitors Annually
- Direct Access to Downtown Fredericksburg | 150+ Shops and Restaurants, 20 Hotels
- Across From a Highly Trafficked Walmart Supercenter | 2.1+ Million Visitors Annually | Only Walmart Within 27 Miles
Executive Summary
Broker of Record
Thornbury Capital Partners, Inc.
Marcus Christensen
License No: 697225
Thornbury Capital Partners, Inc.
Marcus Christensen
License No: 697225
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,403 SF
Building Class
B
Year Built
2024
Price
$2,400,000
Price Per SF
$999
Cap Rate
6%
NOI
$144,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.69 AC
PROPERTY TAXES
Parcel Number | 54722 | Improvements Assessment | $322,650 |
Land Assessment | $676,460 | Total Assessment | $999,110 |
PROPERTY TAXES
Parcel Number
54722
Land Assessment
$676,460
Improvements Assessment
$322,650
Total Assessment
$999,110
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HTeaO | 1511 E Main St
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