1400 Aquarena Springs Dr | San Marcos, TX 78666
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1400 Aquarena Springs Dr
San Marcos, TX 78666
Anchor Bar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Owner/User or Investment Opportunity - Either Occupy for Your Business or Lease Up for a Potential 7.35 percent CAP Rate at Market Rents
- Zoned CC - Uses Include Retail, Medical Office, Pharmacy, Grocery, Health Club, Emergency Clinic/Hospital, Auto Parts, and More
- Potential 10.22 Percent Return for Owner/User After Depreciation Savings - See Financial Model
- Large Footprint - 8,924 SF Freestanding Structure on 1.58 AC with a Current Parking Ratio of 11.54/1,000 SF (103 spots)
- Excellent Location & Access - Situated off the Hard Corner of Aquarena Springs (38,190 VPD) and Thorpe Ln (8,237 VPD) and has Several Access Points
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,939 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.58 AC
Parking
62 Spaces (6.93 Spaces per 1,000 SF Leased)
Frontage
332’ on Texas 82 Loop
PROPERTY TAXES
| Parcel Number | R62754 | Improvements Assessment | $464,830 |
| Land Assessment | $831,270 | Total Assessment | $1,296,100 |
PROPERTY TAXES
Parcel Number
R62754
Land Assessment
$831,270
Improvements Assessment
$464,830
Total Assessment
$1,296,100
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