Just Listed | AutoZone #1368 – New Braunfels, Texas

KW Net Lease Advisors is pleased to present an AutoZone property in New Braunfels, Texas with 11+ years remaining on a NN (Roof and Structure) Lease. The lease was extended early due to strong store sales and calls for a 10% rent increase in the 6th year of the primary term. The subject property consists of a +/- 5,400 sf concrete block building on 0.62 acres, and is a hard-corner pad to the Walnut Square shopping center anchored by At Home and Dollar Tree. The site is also located directly across from a fully-occupied grocery anchored shopping center.

The subject property is located at the hard corner of Walnut Ave (+/- 20,000 VPD) and Elliot Knox Blvd (+/- 16,000 VPD), one block north of Interstate 35 (+/- 128,000 VPD) in the booming Austin-San Antonio MSA suburb of New Braunfels. New Braunfels is located along Interstate 35 between Austin and San Antonio, and has a population of 71,889 as of 2015, which is projected to grow to 83,274 (16%) by 2020. Additionally, this site has a 3-mile population of more than 54,000 with an average household income in the same radius of $73,618. The site is adjacent to two large shopping centers that are both fully occupied.

  • 11+ Year NN AutoZone
  • Early Extension due to Strong Store Sales
  • 10% Rent Increase in Primary Term
  • Hard Corner at Signaled Intersection – 20,000+ VPD
  • Directly Across from Grocery Anchored Center

See all of KW Net Lease Advisors available properties including this AutoZone located in New Braunfels, TX.

KW Net Lease Advisors