1878 Herbelin Rd - Office FOR SALE


New Braunfels, TX 78132- South Comal
$5,157,224 USD
830-312-7396
1878 Herbelin Rd, New Braunfels, TX for Sale
$5,157,224 USD
Office - FOR SALE
1/89
null | 5% Cap Rate

1878 Herbelin Rd
New Braunfels, TX 78132
South Comal


OVERVIEW

Discover the ideal work-life balance at Herbelin Plaza in New Braunfels, TX. Nestled in the heart of the Texas Hill Country, this vibrant office & retail park offers a charming blend of quite office setting, modern amenities, and ample parking for a variety of end users. Embrace a balanced work-life lifestyle with easy access to a variety custom-built single family developments with high demographics, and easy access via State Hwy 46 to New Braunfels or the greater Hill Country area. With its scenic surroundings and dynamic local culture, this location provides an inviting atmosphere for professionals seeking an inspiring work environment. Experience the best of Texas living at the intersection of business and leisure at Herbelin Plaza. Presenting an exceptional investment and owner-operator opportunity in New Braunfels, TX! The property totals 5.58 acres in the heart of the Texas Hill Country and is surrounded by the highest demographics in the New Braunfels & Comal County area. Current build-out includes (2) 6,000 SF buildings with multiple long-term leases, as well as 3,000 SF of fully built out executive office suites. The property is also approved and ready for Phase II, which could include up to (2) additional 6,000 SF buildings and an additional parking lot. At full build-out the parking ratio is 4.25:1,000. Phase II offers a unique opportunity for owner operators to finish out their ideal office space, or for investors to continue adding tenants to a growing market. These 6,000 SF buildings, situated in the growing New Braunfels Hill Country area, are ideally suited for prospective Office / Office Building investors, or end-users looking to get their roots into one of the highest demographic areas of New Braunfels. Don't miss the chance to transform this property into a dynamic and high-value asset within your investment portfolio. List Price: $5,157,224.40 (5% CAP Rate)

FOR SALE DETAILS

PRICE

$5,157,224 USD

PRICE/SF

$215 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.57 AC

LAND SF

242,629 SF

ZONING

ETJ

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Will HenryLegacy Commercial Real EstateMore Info
830-312-7396

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Will HenryLegacy Commercial Real EstateMore Info
830-312-7396

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.