1113 N I-35 Fwy - Restaurant FOR SALE


San Marcos, TX 78666- Uptown San Marcos
$2,400,000 USD
512-712-3657
1113 N I-35 Fwy, San Marcos, TX for Sale
$2,400,000 USD
Restaurant - FOR SALE
1/6
null | 7.8% Cap Rate

1113 N I-35 Fwy
San Marcos, TX 78666
Uptown San Marcos


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

OVERVIEW

Great Repositioning Opportunity | 1 Year Remaining on Lease | High-Traffic I-35 Frontage Location | Near Texas State University (40,000+ Students)

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

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,156 SF

ZONING

-

APN/PARCEL ID

R94598

ASK ABOUT THIS PROPERTY

Garrett WoodHanley Investment GroupMore Info
512-712-3657

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Garrett WoodHanley Investment GroupMore Info
512-712-3657

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