1201 Texas 123 - Auto Repair FOR SALE
San Marcos, TX 78666 |
$1,765,000 USD
914-403-7574
1201 Texas 123
San Marcos, TX 78666
HIGHLIGHTS
- Proximity to Austin, TX | The subject property is strategically positioned just 30 minutes outside of Austin, TX
- Long Term, Absolute Triple-Net (NNN) Lease | This Sun Auto features an absolute triple-net lease with 15 years of lease term remaining
- Dense Retail Corridor | The site benefits from being located in a dense region of national retailers
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Sun Auto located at 1201 Texas 123, San Marcos, Texas 78666. The site consists of roughly 4500 rentable square feet of building space on an estimated 0.42-acre parcel of land. This Sun Auto is subject to a 15-year Triple Net (NNN) lease, which commenced 11/1/2025. The current annual rent is $100,897 and has scheduled increases of 1.00% Annually.
FOR SALE DETAILS
PRICE
$1,765,000 USD
PRICE/SF
$392 USD /SF
CAP RATE
5.72%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sun Auto
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.42 AC
LAND SF
18,295 SF
ZONING
-
APN/PARCEL ID
R38896
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914-403-7574
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914-403-7574
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