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Sun Auto 1201 TX-123 4,500 SF Retail Building San Marcos, TX 78666 $1,765,000 ($392.22/SF) 5.72% Cap Rate
INVESTMENT HIGHLIGHTS
- Proximity to Austin, TX | The subject property is strategically positioned just 30 minutes outside of Austin, TX
- Dense Retail Corridor | The site benefits from being located in a dense region of national retailers
- Long Term, Absolute Triple-Net (NNN) Lease | This Sun Auto features an absolute triple-net lease with 15 years of lease term remaining
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,500 SF
Year Built
1988
Price
$1,765,000
Price Per SF
$392.22
Cap Rate
5.72%
NOI
$100,897
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.43 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R38896 | Improvements Assessment | $94,541 |
| Land Assessment | $214,970 | Total Assessment | $309,511 |
PROPERTY TAXES
Parcel Number
R38896
Land Assessment
$214,970
Improvements Assessment
$94,541
Total Assessment
$309,511
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Sun Auto | 1201 TX-123
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