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Red Lobster 100 N Interstate 35 5,719 SF Retail Building San Marcos, TX 78666 $5,140,800 ($898.90/SF) 6.25% Cap Rate

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Investment Highlights

ABS NNN Lease: The property is under an absolute net (NNN) lease, with zero landlord responsibilities.
Attractive 2% annual rental increases, ensuring consistent income growth over time.

±22.5 years remaining on the lease term backed by Red Lobster Corporate (560+ locations).
he property boasts excellent visibility with traffic counts on S Guadalupe St exceeding ±27,000 vehicles per day (VPD) and close proximity to I-35

Executive Summary

Broker of Record
Patrick Graham
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Restaurant

Building Size

5,719 SF

Building Class

Year Built

1995

Price

$5,140,800

Price Per SF

$898.90

Cap Rate

6.25%

NOI

$321,300

Tenancy

Single

Building Height

1 Story

Building FAR

0.09

Lot Size

1.44 AC

Frontage

231’ on I-35 Fwy

Bus Line
Freeway Visibility

Pylon Sign

Signage

Signalized Intersection

Property Taxes

Parcel Number	R62405	Improvements Assessment	$606,010
Land Assessment	$1,093,990	Total Assessment	$1,700,000

Property Taxes

Parcel Number

R62405

Land Assessment

$1,093,990

Improvements Assessment

$606,010

Total Assessment

$1,700,000

(214) 466-6549 x4073

Contacts

Dylan Freeney
Brett Baumgartner
Josh Bishop
Matthews Real Estate Investment Services

Listing ID: 40888801
Date on Market: 6/11/2026
Last Updated:
Address: 100 N Interstate 35, San Marcos, TX 78666

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100 N Interstate 35, San Marcos, TX for sale Building Photo- Image 1 of 5 — LoopNet-Red-Lobster-100-I-35-N-Frontage-Road-San-Marcos-TX-pic-1_loopnet(with logo)

100 N Interstate 35, San Marcos, TX for sale Building Photo- Image 2 of 5 — LoopNet-Red-Lobster-100-I-35-N-Frontage-Road-San-Marcos-TX-pic-2_loopnet(with logo)

100 N Interstate 35, San Marcos, TX for sale Building Photo- Image 3 of 5 — LoopNet-Red-Lobster-100-I-35-N-Frontage-Road-San-Marcos-TX-pic-4_loopnet(with logo)

100 N Interstate 35, San Marcos, TX for sale Building Photo- Image 4 of 5 — LoopNet-Red-Lobster-100-I-35-N-Frontage-Road-San-Marcos-TX-pic-3_loopnet(with logo)

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