1030 I-35BL, New Braunfels, TX 78130

Marcus & Millichap is pleased to present the sale of Iron Horse Bar & Grill located in New Braunfels, Texas. The subject property will be a sale-leaseback that will be executed at the close of escrow and to end 15 years later. The lease is an absolute triple-net and will have 10 percent rental escalations every five-years. There will be no landlord responsibility whatsoever.

The property is located on Business IH-35 and sees over 12,000 vehicles per day. This is a very dense retail area and a major thoroughfare to downtown New Braunfels. Iron Horse Bar & Grill has been in operation for over 16 years and has received awards for being a locals favorite.

For 2022, Smart Asset ranked New Braunfels as the #4 Boomtown in the country, higher than any other city in Texas. It had the second-highest population (36.1 percent) and housing growth (40.86 percent) increases in the report between 2016 and 2021.