214-809-5454
1942 S Interstate 35, San Marcos, TX for Sale
Warehouse - FOR SALE
1/26
null | Request Cap Rate

1942 S Interstate 35
San Marcos, TX 78666


HIGHLIGHTS

  • IRREPLACEABLE I-35 CORRIDOR LOCATION WITH MINIMAL COMPETING SUPPLY
  • RARE 2.6-ACRE YARD CREATES A SEPARATE, UNDERWRITTEN INCOME STREAM
  • VALUE ADD THROUGH LEASE-UP ALONGSIDE STABLE CASH FLOW DAY ONE

OVERVIEW

Contact Broker for Price Newmark is pleased to exclusively offer for sale Interstate Business Park (the “Property”), a 124,032 SF industrial building with direct IH-35 frontage and centrally located in the Austin-San Antonio Corridor in San Marcos, Texas. The Property is currently 81.4% leased to CoTECHNO Group, Inc. and Arlington Recycle Warehouse (operating as Texas Recycle Warehouse), and offers an immediate value-add opportunity through the lease-up of a single remaining vacant suite of 23,082 SF. Interstate Business Park includes 2.6-acres of unimproved land that is currently not monetized and presents a strong value-creation opportunity via outdoor storage or future development. The Property gives investors the opportunity to acquire a well-located, income-producing logistics asset in one of the fastest growing corridors in the nation, with multiple distinct value-enhancement paths at a basis below replacement cost.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Interstate Business Park

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

11

DRIVE INS

7

PARKING SPACES

65

LAND DETAILS

LAND ACRES

8.22

LAND SF

358,063

ZONING

HC

APN/PARCEL ID

R91917

ASK ABOUT THIS PROPERTY

Walker LunsfordNewmarkMore Info
214-809-5454

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Walker LunsfordNewmarkMore Info
214-809-5454

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