300 S C M Allen Pkwy
San Marcos, TX 78666
300 Allen Center · Retail Property For Sale

Marcus & Millichap is pleased to offer 300 Allen Center (“Property”) in San Marcos, Texas for your consideration. The property is comprised of four buildings totaling 12,900 square feet and sits on 1.2 acres of land with nearly 400 feet of frontage on South CM Allen Parkway. The Property boasts an attractive mix of service-oriented tenants such as Edward Jones and The Salvation Army. The majority of these tenants are on gross leases, which, coupled with the Property’s 6 percent vacancy, creates an opportunity for an investor to increase value. 300 Allen Center is centrally located in San Marcos, just over a quarter mile north of the retail rich I-35 corridor and only a half mile from Texas State University. Texas State University is Texas’ fifth largest university with more than 38,000 students enrolled helping to create a constant demand for business in the region. Nestled between San Antonio and Austin, San Marcos has emerged as one of the fastest growing markets in the State with robust population growth of over 80% since the year 2000. This growth has been noticed by companies such as Amazon and Best Buy who relocated four years ago and invested a combined total of $192,250,000 in San Marcos. Between the hiking, rafting and shopping, San Marcos has excellent recreational opportunities and an excellent business climate as evidenced by its daytime population of over 100,000 people.