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143 S State Highway 46
New Braunfels, TX 78130
Wendy's Corporate- Texas · Retail Property For Sale

Investment Highlights

  • Absolute NNN lease with Wendy's Corporate with a primary term running through 12/23/2033
  • Premier Retail Corridor – Located among a strong concentration of national retailers.
  • Low Replaceable Rent – The property's attractive rental rate provides long-term operational flexibility and reduces the likelihood of relocation
  • High-Traffic Location – Positioned along State Highway 46 at the Interstate 35 interchange, the Property benefits from exceptional visibility
  • Strong population and household growth

Executive Summary

Corporate Lease – Opportunity to acquire a single-tenant asset leased to The Wendy's Company (NASDAQ: WEN), one of the world's leading quick-service restaurant brands.
Low Replaceable Rent – The property's attractive rental rate provides long-term operational flexibility and reduces the likelihood of relocation, supporting tenant retention and long-term occupancy.
High-Traffic Location – Positioned along State Highway 46 at the Interstate 35 interchange, the Property benefits from exceptional visibility and exposure to approximately 125,000–145,000 vehicles per day on I-35 and 40,000–50,000 vehicles per day on SH 46, one of New Braunfels' busiest commercial corridors.
Premier Retail Corridor – Located among a strong concentration of national retailers.
Ongoing Infrastructure Investment – The Property is positioned to benefit from significant TxDOT improvements to the SH 46 and I-35 interchange, enhancing long-term accessibility, traffic flow, and commercial growth throughout the county.
Located within the high-growth Austin-San Antonio corridor
Exceptional regional accessibility via I-35, I-10, and SH 46
Strong population and household growth
Diverse employment base supporting long-term economic stability
Significant tourism generating millions of annual visitors
Ongoing TxDOT infrastructure investments improving long-term accessibility
Continued residential and commercial development supporting future retail demand

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,752 SF
Building Class
C
Year Built
1997
Price
$1,845,000
Price Per SF
$491.74
Cap Rate
4.98%
NOI
$91,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.02 AC
Zoning
C-3 - Commercial District
Parking
35 Spaces (9.33 Spaces per 1,000 SF Leased)
Frontage
133’ on Tx-46 Hwy

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
13-0110-0060-00
Land Assessment
$746,576
Improvements Assessment
$390,617
Total Assessment
$1,137,193
  • Listing ID: 41439495

  • Date on Market: 7/26/2026

  • Last Updated:

  • Address: 143 S State Highway 46, New Braunfels, TX 78130

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