1021 Highway 80 - Freestanding FOR SALE


San Marcos, TX 78666
$2,062,500 USD
512-623-9545
1021 Highway 80, San Marcos, TX for Sale
$2,062,500 USD
Freestanding - FOR SALE
1/13
null | 6% Cap Rate

1021 Highway 80
San Marcos, TX 78666


HIGHLIGHTS

  • Adjacent to one to the top Walmart Supercenters in the region.
  • Free standing, single tenant building leased to Dollar Tree.
  • Masonry building, concrete parking lot, built in 2018.

OVERVIEW

Rare opportunity to own a hands-off commercial property at below replacement cost in one of the highest growth corridors in the U.S. with a major university 1.5 miles away. Located between Austin and San Antonio, this 9,000 SF Free-Standing Dollar Tree Building built in 2018 has 8 years of term remaining with two options. With below market rents, the new buyer has uncapped upside combined with projectable stability, as this Dollar Tree is located next to the top Walmart Supercenter in the region, and only 1.5 miles from downtown San Marcos and Texas State University. Texas State is now a PAC 12 school with 44,000+ students enrolled and 10,000+ living on campus. Walmart REA contains typical use prohibitions. Contact broker for more info. Below replacement cost.

FOR SALE DETAILS

PRICE

$2,062,500 USD

PRICE/SF

$236 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

Commercial

APN/PARCEL ID

R112301

ASK ABOUT THIS PROPERTY

Ryder JeanesCLD RealtyMore Info
512-623-9545

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Ryder JeanesCLD RealtyMore Info
512-623-9545

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.