Listed by Marcus & Millichap - Dallas
$2,400,000
10-Year Absolute Net Lease Opportunity
Details
Property Type Retail
Sub Type Restaurant
Square Footage 4,460
Net Rentable (SqFt) 4,460
Units 1
Cap Rate 7.25%
NOI $174,000
Occupancy 100%
Tenancy Single
Brand/Tenant Inferno's Pizza
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 03/31/2036
Remaining Term 9.8
Rent Bumps Yes
Lease Options Two, 5-Year
Price per SqFt $538
Broker Co-Op Yes
Year Built 2016
Acreage 0.950
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 04/01/2026
Ground Lease No
Modern Construction — 4,400 SF Freestanding Building Built in 2016
Marketing description
Offered for sale is a 10-Year Absolute Net Lease Opportunity located in Boerne, Texas. The asset features a new 10-year lease with 10 percent rent increases every five years, providing contractual income growth with zero landlord responsibilities. The property includes a 4,460-square-foot freestanding building constructed in 2016 with strong access and visibility along River Road (TX-46), which sees approximately 26,373 vehicles per day. The surrounding trade area reports an average household income of $156,867 and continues to experience population growth, supported by ongoing residential and commercial development.
Investment highlights
- New 10-Year Absolute Net Lease With 10 Percent Rent Increases Every Five Years
- Excellent Access and Visibility On River Road (TX-46) With 26,373 VPD
- Affluent Trade Area With $156,867 Average Household Income and Strong Population Growth (5-Mile Radius)
- Modern Construction — 4,400 SF Freestanding Building Built in 2016
- Directly Across From Champion High School With 2,071 Students and Expansion to 120 Percent Capacity
- Surrounding Area Experiencing Significant Residential and Infrastructure Expansion Across Boerne Corridor
- Inferno’s Pizza — Established Hill Country Operator Since 2019 With Family-Oriented Dining and Entertainment Features
Listing Contacts
Listed by Marcus & Millichap - Dallas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$174,000.00
$14,500.00/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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