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2440 S Interstate 35

74,010 SF Retail Building San Marcos, TX 78666 For Sale

Investment Highlights

  • 5 year sale lease back with 0 landlord responsibility
  • Impeccable location
  • Concrete walls, metal roof & all systems meticulously maintained

Executive Summary

5 year sale leaseback with an owner operator of 28 years. After the 5 years this building can be converted to many different variations or just simply released to a new tenant. Being along I 35 this area is just going to get busier and busier.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Storefront
Building Size
74,010 SF
Building Class
C
Year Built
1997
NOI
$888,120
Tenancy
Single
Building Height
2 Stories
Building FAR
0.50
Lot Size
3.42 AC
Zoning
GC - General Commercial
Parking
42 Spaces (0.57 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Nearby Major Retailers

Crunch
Cheddar's Scratch Kitchen
Starbucks
Orangetheory Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R45648
Land Assessment
$772,670
Improvements Assessment
$2,375,010
Total Assessment
$3,147,680
  • Listing ID: 32478639

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 2440 S Interstate 35, San Marcos, TX 78666

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