510 S Guadalupe St
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510 S Guadalupe St
6,864 SF Retail Building San Marcos, TX 78666 £1,506,179 (£219/SF) 7% Net Initial Yield
Investment Highlights
- Investment Grade Tenant Advance Auto Parts With 7.5+ Years Remaining on Current Term
- Austin, TX Suburb - San Marcos has a Healthy Population of 81,000+ Residents
- Several Recently Completed Student Housing Developments Surrounding the Subject Property With a Combined 565 Units
- NNN Lease - Landlord Responsible for Structure Only
- Strategically Located Between Major Texas Interstate-35 Boasting 130,693 VPD and Downtown San Marcos Square
- Just Minutes Away From Texas State University, the Fifth-Largest University in the State of Texas With 40,000+ Students Currently
Executive Summary
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire an Advance Auto Parts in San Marcos, TX. The subject property is located within an Austin suburb and minutes away from Texas State University with several recently completed student housing developments.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,864 SF
Building Class
C
Year Built
2016
Price
£1,506,179
Price Per SF
£219
Net Initial Yield
7%
NOI
£105,433
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Lot Size
0.77 AC
Zoning
T5
Parking
14 Spaces (2.04 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (73)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R151538 | Improvements Assessment | £448,263 |
Land Assessment | £415,842 | Total Assessment | £864,105 |
PROPERTY TAXES
Parcel Number
R151538
Land Assessment
£415,842
Improvements Assessment
£448,263
Total Assessment
£864,105
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510 S Guadalupe St
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