San Marcos Square

Price: $4,400,000
Sq. Ft.: 8,250
Cap Rate: 6.32%
Built: 2013

San Marcos Square is a 8,250-square-foot, multi-tenant shopping center located in a dense retail corridor of San Marcos, TX. The center is 100 percent occupied with all triple net leases. The tenant base is a complementary mix of internet-resistant, service-oriented business, including FedEx, T-Mobile, Frulatti, and San Marcos Pain & Injury Centers. Constructed in 2013, the building is situated on a 0.73-acre lot with ample paved parking. A double-sided monument sign positioned at the frontage road entrance provides additional visibility to the center.

San Marcos Square is located at the signalized, hard intersection of I-35 Frontage Road and Hopkins Street with multiple ingress and egress points. The subject property benefits from high freeway traffic counts off I-35 with approximately 130,015 vehicles per day. San Marcos Square is within close proximity to a Walmart Supercenter, and surrounded by many national and regional retailers including HEB, Dollar General, Auto Zone, Dollar Tree, Hobby Lobby, Tractor Supply Co, Game Stop, Raising Cane’s and McDonald’s. It is less than one half-mile from Texas State University. The university is the fifth-largest university in the state and serves an estimated enrollment of 38,800 students. The campus is comprised of over 245 buildings and situated on 492 acres along the San Marcos River. Surrounding demographics are strong with a population exceeding 69,140 residents within a five-mile radius, and an average household income of $51,068 within a five-mile radius.

  • 8,250 Square-Foot, Multi-Tenant Retail Center
  • 100% Occupied | All Triple Net Leases
  • 76% of Rent Roll has 8+ Years of Lease Term Remaining with 2-3% Annual Rent Increases
  • Tenant Base is a Complementary Mix of Internet Resistant, Service-Oriented Businesses Including FedEx, T-Mobile, Frulatti, and San Marcos Pain & Injury
  • Situated at a Signalized, Hard Intersection for Easy Access
  • Highly Visible, Double-Sided Monument Sign Facing I-35 Providing Additional Exposure
  • Close Proximity to a Walmart Supercenter, and Surrounded by Many National and Regional Retailers Including HEB, Dollar General, Auto Zone, Dollar Tree, Hobby Lobby, Tractor Supply Co, Game Stop, Raising Cane’s, and McDonald’s
  • Desirable Freeway Location off I-35 with Excellent Visibility | Extremely High Traffic Counts of Approximately 130,015 Vehicles per Day
  • Less than One Half-Mile from Texas State University |  Estimated Enrollment of 38,800 Students | The University is the Fifth-Largest University in the State
  • Located 30 Miles Southwest of Austin and 51 Miles Northeast of San Antonio
  • Greater Austin MSA is one of the Top Commercial Real Estate Markets in the Country
  • Approximately Five Miles from San Marcos Outlet Malls | More than 350 Stores