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Home › Buildings › TX › 651 N BUSINESS IH-35

New Braunfels Market Place

651 North Business IH-35 · New Braunfels, TX 78130
Every loan the CMBS tape reports against this building, as each trust filed it. A building is the grain here, not the loan: a building can be collateral in several trusts at once, and the slices below are the pieces of its debt, not four different buildings.
Debt outstanding
$23M
Loan slices
1
Trusts
1
Type
Retail
Square feet
267,950
Year built
1984 · renovated 2019
The debt, slice by slice
TrustBalanceRateMatures DSCRNOIOccupancy OriginatorServicerSpecial servicing
Morgan Stanley Capital I Trust 2021-L7 · asset 13 $23M 3.17% fixed 2031-09-06 5.12 $2M 94% Argentic Real Estate Finance LLC KeyBank Real Estate Capital —
Named tenants
TenantSquare feetLease expires
Crunch Fitness42,7632036-04-30
Santikos Theaters LLC35,3112029-08-31
Ashleys Furniture22,4772027-11-30
The asset-level exhibit names up to three tenants per slice; where the trusts name different ones, all of them are listed.
See the whole picture, not just the tape.
These pages publish the CMBS tape in aggregate, and one page for every building on it. The platform goes loan‑by‑loan: stress scores, special‑servicing transfers and the servicer's own filed commentary, the originators and trusts behind each loan, and your own book against all of it.
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