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Giggle And Grow 2411 Hunter Rd 5,064 SF Retail Building San Marcos, TX 78666 $1,498,500 ($295.91/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- The U.S. child care industry is projected to grow at a 6.02% CAGR from 2025 to 2033, driven by dual-income households, single-parent families
- The average hourly rate for child care in San Marcos is $15.79/hour, which is below the state average.
- Located on a main street of Hunter Road and close proximity to I-35, the property sees about 14,500 vehicles per day.
- The U.S. child care market was valued as a $59.87 billion dollar industry in 2023 and is anticipated to reach a monster $73 billion dollar valuation
- Positioned between Austin and San Antonio along the I-35 corridor, San Marcos has seen annual population growth of 1.54% with an 8.2% increase
- San Marcos has moderate appreciation and relatively low cost of entry compared to nearby Austin and San Antonio
EXECUTIVE SUMMARY
Broker of Record
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Matt Burns, & Matthew Gibbs in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Matt Burns, & Matthew Gibbs in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,064 SF
Building Class
C
Year Built
1983
Price
$1,498,500
Price Per SF
$295.91
Cap Rate
8%
NOI
$119,840
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.97 AC
Frontage
142’ on Hunter Road
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R20401 | Improvements Assessment | $427,540 |
| Land Assessment | $381,650 | Total Assessment | $809,190 |
PROPERTY TAXES
Parcel Number
R20401
Land Assessment
$381,650
Improvements Assessment
$427,540
Total Assessment
$809,190
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Giggle And Grow | 2411 Hunter Rd
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