The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



RETAIL NEWS
Printer-friendly Version   Email an Associate
Freestanding TX Retail Property Sells for $217/sf

11/20/14

A 6k sf, freestanding retail building in New Braunfels, TX sold for $1.3 mil, or about $217/sf. The property, located at 490 S. Business IH-35, about 15 miles north of San Antonio, is fully leased to Advance Auto Parts, the largest provider of aftermarket automotive parts in North America.

Ernest Brown, managing director, and Jorge Rodriguez, senior associate at Kennedy Wilson’s Brokerage Group in the firm’s San Antonio office, represented the buyer. John Heeren of SMPO Real Estate LLC represented the seller, Mitchell Leigh Potash, trustee of the Mitchell Leigh Potash Dynasty Trust.

“This is an ideal location on Interstate 35 near several auto dealerships. The cities along this major corridor between San Antonio and Austin are also seeing a substantial boom in population growth,” said Brown. “As a result, this will continue to be a prime area for expansion.”

In addition, a variety of national retailers and casual eateries are located in the area include Sears, Hobby Lobby, CVS Pharmacy and Domino’s Pizza.





Return to the Archive page
 
 
 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media