1113 I-35 South Frontage rd - Retail FOR SALE
San Marcos, TX 78666 |
$2,400,000 USD
512-712-3657
1113 I-35 South Frontage rd
San Marcos, TX 78666
HIGHLIGHTS
- Successful IHOP Location since 2001
- One Year Remaining on the Current Term
- Conveniently located on Interstate 35 Frontage Road which Averages 124,500 Vehicles Per Day
- Neighboring The Lyndon, San Marcos’s Premier Student Housing Facility, and Springtown Center
- A Half-Mile from Texas State Bobcat’s Football UFCU Stadium
- Dense, High-Growth Trade Area: Ideally located directly between Austin and San Antonio along Interstate 35
FOR SALE DETAILS
PRICE
$2,400,000 USD
PRICE/SF
$573 USD /SF
CAP RATE
7.8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
IHOP | San Marcos, TX
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.38 AC
LAND SF
60,113 SF
ZONING
-
APN/PARCEL ID
94598
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512-712-3657
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512-712-3657
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