Land

Solms Landing - Seniors-HFF-107941

71839 New Braunfels, Texas United States 78130
Asking Price Contact for pricing
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Asking Price Contact for pricing
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NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Land Area ()

Property Description

Jones Lang LaSalle (“JLL”) is pleased to offer the unique opportunity to purchase 6.96 acres of land (The “Property” or “Site”), a development ready senior housing land tract located in New Braunfels, TX. The Site is part of the Solms Landing Mixed-Use Development and has been zoned “SLPD” (Solms Landing Planned Development), which is designated “Medium-High Density Residential” and “Commercial” on New Braunfels’ Future Land Use Plan. The site has direct access to Interstate 35 (112,000 VPD) and is situated between the high growth corridors of Austin and San Antonio. The Austin to San Antonio corridor of I-35 has attracted distribution centers from both Wal-Mart (2.5 miles from the site) and Amazon (12 miles to the site) that added thousands of jobs in the immediate area. Downtown New Braunfels is just 10 minutes away and major employers in the area include Comal ISD, Resolute Health, Christus Santa Rosa Medical Center, Wal-Mart, Amazon, and Texas State University. The Site is in close proximity to some of the best retail and entertainment amenities New Braunfels has to offer, including New Braunfels Town Center, San Marcos Premium Outlets, and Gruene Hall.

Investment Highlights

  • Development Ready Senior Housing Land Site
  • Significant Cost Advantages - Site Grandfathered Under Former Fee Schedule
  • Prolific IH-35 Growth Corridor Between Austin-San Antonio
  • Proximity to the Area's Major Employment Centers and Economic Drivers
Last Updated Date: 11 May 2021
Garrett Gilleland
Garrett Gilleland
Senior Director, Capital Markets
License details
TX-641371
Zach Rigby
Zach Rigby
Director, Capital Markets

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Last Updated Date: 11 May 2021

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