4205 S I-35
San Marcos, TX 78666
Outback Steakhouse: San Marcos, TX · Retail Property For Sale

CBRE’S Net Lease Property Group is pleased to exclusively offer a 6,183-square-foot freestanding Outback Steakhouse on 1.48 acres in San Marcos, Texas (Population: 58,892). San Marcos is conveniently located on the Interstate 35 corridor between San Antonio and Austin Texas. San Marcos is considered to be one of the oldest continuously inhabited sites in America. The population expected to significantly increase 5.19 percent in the next five years. The property is ideally located immediately off of Interstate 35, directly in front of the Tanger Factory Outlets and adjacent to the San Marcos Premium Outlets. The Subject Property is surrounded by over one million square feet of national retail with names such as Toys “R” Us, Timberland Factory Store, McDonald’s, the Nike Factory Outlet, and the GAP Outlet just to name a few. Traffic counts on Interstate 35 in front of this site are 8,740 VPD. At closing, Outback Steakhouse will execute a new 15-year absolute NNN lease with 1.00% annual rent increases.