1776 Independence Dr
New Braunfels, TX 78132
Schlotzsky's · Retail Property For Sale

Schlotzsky’s is a 20-year absolute net leased asset located in the San Antonio submarket of New Braunfels, Texas. The Property is conveniently positioned near the intersection of Highway 46 and Independence Drive across the street from H-E-B grocery. The lease commenced in September 2018 and is guaranteed by Albert Restaurant Group, LLC, the largest Schlotzsky’s franchisee in the world with more than 30 existing restaurants and 5 others in development phases. Albert Restaurant Group was named the Schlotzsky’s 2013 and 2015 Franchisee of the Year. The lease has 10% rent escalations every 5 years with two, 5-year renewal options and zero landlord responsibilities. Built in 2012, Schlotzsky’s is a 3,688 square foot building with a drive-through situated on approximately 1.01 acres of land.