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Swig San Marcos 180 I-35 855 SF Retail Building San Marcos, TX 78666 $1,982,000 ($2,318.13/SF) 5.75% Cap Rate
Investment Highlights
- 10-year base lease term with no landlord responsibilities.
- In 2025, Swig exceeded 100 locations nationwide and is rapidly expanding into new markets across the U.S.
- Swig is within close proximity to Texas State University with an enrollment of over 40,600 students.
- 2.5% rent increases every year during the initial 10-year base lease term as well as the 2, 5-year options.
- The Property has frontage along Interstate 35, one of the main highways within the San Marcos trade area, with exposure to over 189,000 cars per day.
Executive Summary
The Blue Ox Group is pleased to offer the opportunity to acquire the fee simple interest (land ownership) in an absolute NNN leased, Swig investment property located in San Marcos, TX. The Tenant, Swig, recently signed a brand new, long-term, 10 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2.5% rental increases every year throughout the initial term as well as each option period. This attractive rent structure and steadily growing NOI hedges against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment for the passive investor.
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Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
855 SF
Year Built
2022
Price
$1,982,000
Price Per SF
$2,318.13
Cap Rate
5.75%
NOI
$113,965
Tenancy
Single
Building Height
1 Story
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 8
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