Tenant Investment Opportunity w/ 13.29% Cap Rate - Turnkety Commercial Kitchen Listing Details & Market Data

Located a 1/2 mile from Creekside Shopping Center on Alves Lane. From San Antonio: Head north on I-35 and take exit 191 to FM Rd 306. From San Marcos: Head south on I-35 and take exit 191 to FM Rd 306.Excellent Investment Opportunity! This property includes an incredible turnkey commercial catering kitchen fully equipped with everything a Chef could want and more. Exit the kitchen into a formal tasting room with 2 office spaces, an employee lounge, laundry room and full bath with shower that could be considered a 2 bedroom apartment. There are also two storage buildings, commercial smoker and a 30 and 50 amp RV/Food Truck hookups. It has operated as a catering kitchen for over 30 years and is currently being 100% leased by a catering company. It is located just a half mile from the popular Town Center at Creekside in New Braunfels, Texas. There are multiple opportunities for this property making it a great tenant investment. Current tenant has almost 2 years remaining on lease, generating an incredible 13.29% cap rate for the owner. It can be used for a catering prep kitchen, take out food service, commissary and ghost kitchen rental just to name a few. New Braunfels is one of the top 10 fastest-growing cities in the country making it a prime location. Call Angie @ 830-837-9243 to schedule showing.