500 Wonder World Dr
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500 Wonder World Dr
98,240 SF Vacant Industrial Building San Marcos, TX 78666 $22,104,000 ($225/SF) 7.82% Cap Rate
Investment Highlights
- 500 Wonder World is a build-to-suit industrial opportunity with up to 125,000 square feet, breaking ground in Q3 2024.
- Property sits on a 9.1-acre lot with all utilities available to the site, a 2:1,000 square feet parking ratio, and a driveway permitted with TXDOT.
- Households within a 10-mile radius grew nearly 60% from 2010 to 2023, with projections calling for a 17% increase by 2028.
- Due to positioning directly off Interstate 35, transporters can reach Downtown Austin in 30 minutes and central San Antonio in 40 minutes.
- Innovation Corridor offers many tax incentives for relocating or expanding businesses and has a labor force of 2.4 million within a 60-minute drive.
- Available for lease or sale.
Executive Summary
Command Texas' Innovation Corridor from an efficiently designed warehouse customized to perfectly match operational demand with this premier build-to-suit opportunity.
500 Wonder World will span 100,000 to 125,000 square feet and is planned to break ground in Q3 2024. The building depth will be between 140 and 175 feet and a clear height of 32 feet. It sits on a 9.1-acre lot, allowing for a 2:1,000 square feet parking ratio. All utilities are available to the site, and an entry driveway is permitted with TXDOT.
Hays and Caldwell Counties are considered the heart of the Innovation Corridor as both have seen the most significant growth of any area between San Antonio. Hays County and the city of San Marcos have the fastest-growing populations in their respective categories. These numbers are constantly being driven by the influx of major operations by companies like Amazon, H-E-B, Noveon Magnetics, and FedEx, as the combined counties saw over 400% employment growth in the past 10 years. 500 Wonder World is at the pinpoint of advancement for this flourishing region, with Downtown San Marcos 10 minutes away and direct access to Interstate 35 to easily reach all of the Innovation Corridor and beyond.
500 Wonder World will span 100,000 to 125,000 square feet and is planned to break ground in Q3 2024. The building depth will be between 140 and 175 feet and a clear height of 32 feet. It sits on a 9.1-acre lot, allowing for a 2:1,000 square feet parking ratio. All utilities are available to the site, and an entry driveway is permitted with TXDOT.
Hays and Caldwell Counties are considered the heart of the Innovation Corridor as both have seen the most significant growth of any area between San Antonio. Hays County and the city of San Marcos have the fastest-growing populations in their respective categories. These numbers are constantly being driven by the influx of major operations by companies like Amazon, H-E-B, Noveon Magnetics, and FedEx, as the combined counties saw over 400% employment growth in the past 10 years. 500 Wonder World is at the pinpoint of advancement for this flourishing region, with Downtown San Marcos 10 minutes away and direct access to Interstate 35 to easily reach all of the Innovation Corridor and beyond.
Sale Flyer
Property Facts
Amenities
- 24 Hour Access
- Bio-Tech/ Lab Space
- Energy Performance Rating - A
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Build-to-suit industrial facility in San Marcos, Texas - the heart of the Innovation Corridor.
- 1st Fl - B
- 14,669 SF
- Industrial
- Shell Space
- May 2025
- 1st Fl - C
- 14,669 SF
- Industrial
- Shell Space
- May 2025
- 1st Fl - D
- 14,669 SF
- Industrial
- Shell Space
- May 2025
- 1st Fl - E
- 14,669 SF
- Industrial
- Shell Space
- May 2025
- 1st Fl - F
- 19,810 SF
- Industrial
- Shell Space
- May 2025
| Space | Size | Space Use | Condition | Available |
| 1st Fl - A | 19,810 SF | Industrial | Shell Space | May 2025 |
| 1st Fl - B | 14,669 SF | Industrial | Shell Space | May 2025 |
| 1st Fl - C | 14,669 SF | Industrial | Shell Space | May 2025 |
| 1st Fl - D | 14,669 SF | Industrial | Shell Space | May 2025 |
| 1st Fl - E | 14,669 SF | Industrial | Shell Space | May 2025 |
| 1st Fl - F | 19,810 SF | Industrial | Shell Space | May 2025 |
1st Fl - A
| Size |
| 19,810 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| May 2025 |
1st Fl - B
| Size |
| 14,669 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| May 2025 |
1st Fl - C
| Size |
| 14,669 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| May 2025 |
1st Fl - D
| Size |
| 14,669 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| May 2025 |
1st Fl - E
| Size |
| 14,669 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| May 2025 |
1st Fl - F
| Size |
| 19,810 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| May 2025 |
1st Fl - A
| Size | 19,810 SF |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | May 2025 |
Build-to-suit industrial facility in San Marcos, Texas - the heart of the Innovation Corridor.
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DEMOGRAPHICS
Regional Accessibility
CITY
POPULATION
MILES
DRIVE TIME
Austin
964,254
36
0 h 45 m
San Antonio
1,532,233
48
0 h 59 m
Houston
2,325,502
178
3 h 23 m
Fort Worth
895,008
224
4 h 1 m
Dallas
1,345,047
235
4 h 19 m
Oklahoma City
649,021
418
7 h 25 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
111,766
Total Labor Force
70,804
Unemployment Rate
3.92%
Median Household Income
$48,711
Warehouse Employees
8,129
High School Education Or Higher
90.30%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Jack In The Box | - | - | 9 min walk |
| Church's Chicken | - | - | 9 min walk |
| Chick-Fil-A | - | - | 11 min walk |
| Figaro's Pizza | - | - | 12 min walk |
| Mochas & Javas Coffee & Tea At The Village | Cafe | $ | 16 min walk |
Hotels |
|
|---|---|
| Candlewood Suites |
80 rooms
2 min drive
|
| Homewood Suites by Hilton |
94 rooms
4 min drive
|
| Wingate by Wyndham |
106 rooms
5 min drive
|
| Holiday Inn Express |
88 rooms
6 min drive
|
| Courtyard |
97 rooms
8 min drive
|
PROPERTY TAXES
| Parcel Number | R120686 | Improvements Assessment | $1,511,610 |
| Land Assessment | $468,630 | Total Assessment | $1,980,240 |
PROPERTY TAXES
Parcel Number
R120686
Land Assessment
$468,630
Improvements Assessment
$1,511,610
Total Assessment
$1,980,240
zoning
| Zoning Code | Heavy Industrial (Heavy Industrial -outdoor storage allowed.) |
| Heavy Industrial (Heavy Industrial -outdoor storage allowed.) |
About the Seller
Read More
Sale Advisors
Sale Advisors
Dax Benkendorfer, Vice President
(512) 848-2581
Contact
Dax Benkendorfer serves as Senior Leasing Associate with the office and industrial leasing divisions of Live Oak where he is focused on procuring lease transactions, tenant retention and business development. Since joining Live Oak in 2018, Dax has completed 220 transactions totaling more than 1,060,000 square feet.
Dax joined Live Oak full time after graduating from The University of Texas at Austin. His prior experience includes an internship at Live Oak in the summer of 2016 and 2017 while attending the University of Texas at Austin.
Dax joined Live Oak full time after graduating from The University of Texas at Austin. His prior experience includes an internship at Live Oak in the summer of 2016 and 2017 while attending the University of Texas at Austin.
Ben Williamson, Senior Associate
(256) 996-5729
Contact
Ben Williamson serves as Leasing Associate with the industrial and office leasing divisions of Live Oak where he is focused on procuring lease transactions for both project leasing, tenant representation and business development.
Ben joined Live Oak full time after graduating from The University of Alabama. His prior experience includes an internship at Live Oak in the summer and fall of 2021 while attending the University of Alabama.
Ben joined Live Oak full time after graduating from The University of Alabama. His prior experience includes an internship at Live Oak in the summer and fall of 2021 while attending the University of Alabama.
Ryan Whalen, Partner, Vice President of Leasing
(512) 803-9928
Contact
Ryan Whalen is a Partner at Live Oak and serves as a Vice President with the industrial leasing division, where he is focused on leasing, industrial development, and acquisitions. Ryan has completed over 100 lease transactions totaling over 2 million square feet. He has also been involved in five value-add acquisitions totaling 250,000 square feet and two industrial developments totaling 250,000 square feet.
Ryan's prior experience includes being a member of the National Football League as a wide receiver for the San Francisco 49ers, Minnesota Vikings, and Cincinnati Bengals.
Ryan's prior experience includes being a member of the National Football League as a wide receiver for the San Francisco 49ers, Minnesota Vikings, and Cincinnati Bengals.
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