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22951798
22951800

790 Generations Dr, New Braunfels, TX 78130

MP
TX 882264
United Realty Group of Texas, LLC
Listed by United Realty Group of Texas, LLC
$3,899,900
423 days on market
Updated 9 days ago

790 Generations Drive Bldg 300

Details
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 11,925
Cap Rate 6.80%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 2
Price per SqFt $327
Year Built 2019
Acreage 7.160
Zoning C MU-B

Highly desirable upcoming area of New Braunfels!

Marketing description

Highly desirable upcoming area of New Braunfels. Off FM 1101, close to resolute Baptist Hospital & Vascular Institute of Texas. Across from the VA outpatient clinic. Tenants have two years left on lease. NNN with annual increases.

Generations Medical & Professional Office condominium development, an eight

building development totaling approximately 88,193 square feet situated on the 7.16 acre shared/common site; further, the subject representing an approximate 13.58% pro rata share of the overall development.

Investment highlights

  • 11,925 sqft
  • Condominium office
  • Complex built in 2019
  • 100% occupied with two tenants.
  • Cap Rate 6.8%
  • Zoned C MU-B

Listing Contacts

MP
TX 882264
United Realty Group of Texas, LLC
Listed by United Realty Group of Texas, LLC

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Additional Information

Name
Melissa Palmieri
License
882264
Brokerage
United Realty Group
Title
Real Estate Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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