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1913 Dutton Dr
San Marcos, TX 78666
Building C · Office Property For Sale

Executive Summary

Located only a half mile west of IH35 and just off Wonder World Drive, these office condo units have excellent access to downtown San Marcos, Central Texas Medical Center, and the Hill Country. The complex is within convenient walking distance of the nearly 300,000 SF Hays County Government Campus as well as numerous local restaurants such as: Garcia's Mexican Food, A-TAN Asian Bistro and Sushi Bar, PerkUP Coffeehouse, Figaro's Pizza, Prik Nam Pla Thai Food, and Dos Gatos Kolaches. Units are all tenant-occupied. Do not disturb tenants. Please call 512-392-3322 or submit an inquiry here for more information or to set up a showing. 1913 Dutton Drive Office Condominiums are constructed with metal roofs, front-porch style independent entries, and an all-sides masonry exterior envelope. Condo owner association dues cover common utilities, property insurance, landscaping, trash & recycling, and more. 2020 condo association dues are $0.11 per square foot per month, paid semi-annually. The majority of the association dues (along with Property Taxes) are passed through to tenants as part of NNNs. This NNN-leased office condo feature early-term leases with high-quality professional tenants and provide a turnkey real estate investment opportunity unique to the Greater San Marcos market. Unit is offered at low 7% cap rates and may be purchased individually or collectively (see building 1913 Dutton Building 4 listing for additional information on the 3 additional units that are being offered for sale). A summary of lease terms and additional information is available upon request and execution of a non-disclosure agreement.

Property Facts

Property Type Office
Building Class B
Lot Size 1.32 AC
Rentable Building Area 8,950 SF
No. Stories 1
Year Built 2015
Parking Ratio 3.33/1,000 SF
APN / Parcel ID R144515
Zoning COMM

Amenities

  • Bus Line
  • Listing ID: 17979860

  • Date on Market: 12/16/2019

  • Last Updated:

  • Address: 1913 Dutton Dr, San Marcos, TX 78666

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