2440 S Interstate 35
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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
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
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
PROPERTY TAXES
Parcel Number | R45648 | Improvements Assessment | $2,375,010 |
Land Assessment | $772,670 | Total Assessment | $3,147,680 |
PROPERTY TAXES
Parcel Number
R45648
Land Assessment
$772,670
Improvements Assessment
$2,375,010
Total Assessment
$3,147,680
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Presented by
Branigan RE
2440 S Interstate 35
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