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Broker

Ethan Offenbecher

Sands Investment Group
Austin Office
Shopping Center Broker
  • 3Active Listings
  • $7,276,381Active Volume
  • 0Under Contract
  • $0Volume
  • 1Closed Transactions
  • $1,348,174Sold Volume

Served as Senior Director of the National Retail Group and First Vice President of Investments for one of the leading national CRE investment sales brokerages. He specializes exclusively in the sale of retail investment properties. Throughout his career, he has closed over $900,000,000 in combined transaction value. Ethan and his team focus on relationship building, communication, and collaborative, strategic execution. With access to the largest contact database in the industry and best in class research, they are able to provide the most current information and connect with pre-qualified investors to maximize return on investment for every client.

Licensed in: TX
2009 S Capital of Texas Hwy, Suite 210 Westlake Hills, TX 78746

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3430 Summer Avenue, Memphis, TN , 38122
  • Size SF8,735
  • Built/Renov1968
  • Price/SF$232
  • Lease Start10-25-2022
  • Rent/SF$16.11
  • Lease Type Abs NNN
  • Lot/AC0.85
  • Pop 5MI237,681

2,024,000

  • Cap Rate 6.95%
  • NOI $140,741
  • R. Term/Yrs 5.0
  • Guarantor Corporate
  • # Units 13
  • Near major nationals

  • Strategically located

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant Mental Health Cooperative
  • Guarantor Corporate
  • #Units 13
  • Stock Private
701 South Cedar Street, Pecos, TX , 79772
  • Size SF2,500
  • Built/Renov2020
  • Price/SF$714
  • Lease Start12-01-2024
  • Rent/SF$50.00
  • Lease Type Abs NNN
  • Lot/AC0.13
  • Pop 5MI12,476

1,785,714

  • Cap Rate 7.00%
  • NOI $125,000
  • R. Term/Yrs 14.11
  • Guarantor Franchisee
  • # Units 140
  • New construction

  • Hard corner intersection

  • Near major nationals

  • Highway close

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant HTeaO
  • Guarantor Franchisee
  • #Units 140
  • Stock Private
8931 Fry Road, Cypress, TX , 77433
  • Size SF3,694
  • Built/Renov2024
  • Price/SF$938
  • Lease Start12-30-2024
  • Rent/SF$35.19
  • Lease Type Abs NNN
  • Lot/AC1.84
  • Pop 5MI226,927

3,466,667

  • Cap Rate 3.75%
  • NOI $130,000
  • R. Term/Yrs 20.0
  • Guarantor Corp R + T
  • # Units 43,000
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Strong demographics

  • New development zone

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant McDonald's
  • Guarantor Corp T and Rated
  • #Units 43,000
  • Moody's/S&P Baa1/ BBB+
  • Stock NYSE: MCD

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