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510 S Guadalupe St

6,864 SF Retail Building San Marcos, TX 78666 $1,879,200 ($274/SF) 7% Cap Rate

Investment Highlights

  • Investment Grade Tenant Advance Auto Parts With 7.5+ Years Remaining on Current Term
  • Austin, TX Suburb - San Marcos has a Healthy Population of 81,000+ Residents
  • Several Recently Completed Student Housing Developments Surrounding the Subject Property With a Combined 565 Units
  • NNN Lease - Landlord Responsible for Structure Only
  • Strategically Located Between Major Texas Interstate-35 Boasting 130,693 VPD and Downtown San Marcos Square
  • Just Minutes Away From Texas State University, the Fifth-Largest University in the State of Texas With 40,000+ Students Currently

Executive Summary

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire an Advance Auto Parts in San Marcos, TX. The subject property is located within an Austin suburb and minutes away from Texas State University with several recently completed student housing developments.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,864 SF
Building Class
C
Year Built
2016
Price
$1,879,200
Price Per SF
$274
Cap Rate
7%
NOI
$131,544
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.77 AC
Zoning
T5
Parking
14 Spaces (2.04 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Texas Roadhouse
Olive Garden
Starbucks
Twin Peaks
Pluckers
PNC Bank
Red Lobster
Chili's Grill & Bar
Dutch Bros
Freddy's Frozen Custard & Steakburgers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R151538
Land Assessment
$518,830
Improvements Assessment
$559,280
Total Assessment
$1,078,110
  • Listing ID: 34414910

  • Date on Market: 1/8/2025

  • Last Updated:

  • Address: 510 S Guadalupe St, San Marcos, TX 78666

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