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IH35 South Retail Portfolio 2 Retail Properties Offered at $4,900,000 in San Marcos, TX
Investment Highlights
- Includes second building: former Gas Station now tire shop
- Desirable IH35 frontage, corner lot
- Three lease income properties
Executive Summary
Properties generate $10,000/month income. Located IH 35 South. Construction all around this San Marcos corridor. Tire shop and restaurant; with additional tow service in the back of lot. Motivated seller, bring offers. Seller finance available, and lot may be subdivided and sold separately.
Taxes & Operating Expenses (Actual - 2024) |
Annual |
|---|---|
| Gross Rental Income |
$120,000
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$120,000
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $120,000 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $120,000 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | $4,900,000 | Number of Properties | 2 |
| Price / SF | $1,313 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 3,733 SF |
| Status | Active | Total Land Area | 2.52 AC |
| Price | $4,900,000 |
| Price / SF | $1,313 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,733 SF |
| Total Land Area | 2.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1702 S Interstate 35, San Marcos, TX 78666 | Retail | 2,133 SF | - | - |
| 1700 S Interstate 35, San Marcos, TX 78666 | Retail | 1,600 SF | 1973 | - |
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IH35 South Retail Portfolio