512-637-5528
582 Geneva St, New Braunfels, TX for Sale
Day Care Center - FOR SALE
1/6
null | 7% Cap Rate

582 Geneva St
New Braunfels, TX 78132
Outer Comal


HIGHLIGHTS

  • Long-Term Single Tenant Net Lease Opportunity
  • +/- 11 Years Remaining Lease Term with Annual CPI Increases
  • High Quality Construction Built in 2021
  • Irreplaceable Location within the Veramendi Neighborhood
  • Upside with Rents 33% Below Newly Constructed Schools
  • Nation's Leading Early-Education Provider - #1 Ranked Childcare/Early Education Franchise - 670 Schools Across 37 States

OVERVIEW

Cushman & Wakefield’s Central Texas Private Capital Group is pleased to present The Goddard School of New Braunfels, a premier single-tenant early-education facility located at 582 Geneva Street within the highly acclaimed Veramendi master-planned community in New Braunfels, Texas. The offering consists of a 10,483 square foot building situated on 1.44 acres, delivered in 2021 with high-quality construction and modern design tailored to premier childcare use. The property is 100% leased to The Goddard School, a top-tier national operator, with 11+ years of remaining lease term and below-market rents, providing a rare opportunity to acquire an asset with long-term, stable cash flow with embedded upside. This location is among the operator’s top-performing schools, consistently maintaining a waitlist, which further reinforces the long-term durability of the income stream. Situated in an irreplaceable location within Veramendi, the property sits directly adjacent to Veramendi Elementary School, creating a natural and enduring demand driver for childcare services. The surrounding community continues to experience strong population and household growth, supporting long-term asset performance and residual value. Please reach out to a team member to learn more about this opportunity.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Goddard School of New Braunfels

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

62,970 SF

ZONING

-

APN/PARCEL ID

55-0981-0380-00

ASK ABOUT THIS PROPERTY

Travis CrowCushman & WakefieldMore Info
512-637-5528

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Travis CrowCushman & WakefieldMore Info
512-637-5528

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