Veramendi Retail Center 2 Retail Properties in New Braunfels, TX

Cushman & Wakefield’s Central Texas Private Capital Group is pleased to present to the market the Veramendi Retail Center, a 12,564 square foot, multi-tenant neighborhood retail center located at 2164 & 2168 Oak Run Parkway within the highly acclaimed Veramendi master-planned community in New Braunfels, Texas.
Delivered in 2023, the high-quality project is 100% leased to four complementary tenants well-suited for the surrounding neighborhood, providing a curated mix of educational, real estate, food & beverage, and community service uses. The offering features a 3.1-year weighted average lease term (WALT), delivering near-term income stability with staggered lease expirations that help mitigate rollover risk while preserving future mark-to-market flexibility.
This center serves as a mission-critical location for ASA Properties and Veramendi Development Company, functioning as a flagship commercial component within the Veramendi master-planned community. The broader 2,400-acre development is planned for approximately 6,000 dwelling units at full build-out and is less than halfway complete, with more than 10 years of projected development remaining—supporting sustained residential growth and long-term retail demand.
The property benefits from an irreplaceable, central location within the community and draws consistent traffic from adjacent and nearby schools, including The Goddard School of New Braunfels, Veramendi Elementary School (950 students), New Braunfels High School (2,000 students), and Oak Run Middle School (960 students), all located within close proximity.
The Veramendi Retail Center offers investors the opportunity to acquire a newly constructed, fully leased neighborhood retail center positioned at the heart of one of the region’s most dynamic and long-term growth corridors.