105 Wonder World Dr - Drug Store FOR SALE


San Marcos, TX 78666
$4,695,674 USD
773-727-4285
105 Wonder World Dr, San Marcos, TX for Sale
$4,695,674 USD
Drug Store - FOR SALE
1/1
null | 8.53% Cap Rate

105 Wonder World Dr
San Marcos, TX 78666


HIGHLIGHTS

  • Long-Term Absolute NNN Lease
  • Prime Location Adjacent to 286 Unit Multi-Family Community
  • Strong Economic Growth with Major Developments
  • Growing Population with Increasing Incomes
  • Strategic Central Texas Location Near Texas State University

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the CVS Pharmacy located in San Marcos, Texas (“The Property”). The Property consists of a 14,542-square-foot freestanding retail building on a 2.11-acre parcel of land. CVS operates under an absolute NNN lease with approximately 10 years of lease term remaining. The Property is prominently located at the signalized intersection of Wonder World Drive and Hunter Road, with combined daily traffic exceeding 44,957 vehicles. This highly visible corner location sits within a dynamic and growing retail corridor, benefitting from proximity to key national retailers, healthcare facilities, and dense residential development. Within a three-mile radius, the population totals nearly 50,000 and is projected to grow at an annual rate of 0.95% through 2029. Average household income in the area is projected to increase by 2.77% annually, reflecting rising affluence and long-term retail demand.

FOR SALE DETAILS

PRICE

$4,695,674 USD

PRICE/SF

$323 USD /SF

CAP RATE

8.53%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.11 AC

LAND SF

91,912 SF

ZONING

-

APN/PARCEL ID

R130242

ASK ABOUT THIS PROPERTY

BJ FellerNorthmarqMore Info
773-727-4285

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BJ FellerNorthmarqMore Info
773-727-4285

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