Advance Auto Parts - Austin, TX MSA

510 Guadalupe St San Marcos, TX 78666

510 Guadalupe St, San Marcos, TX, 78666
510 Guadalupe St, San Marcos, TX, 78666 510 Guadalupe St, San Marcos, TX, 78666 510 Guadalupe St, San Marcos, TX, 78666 510 Guadalupe St, San Marcos, TX, 78666 510 Guadalupe St, San Marcos, TX, 78666 510 Guadalupe St, San Marcos, TX, 78666
FOR SALE
Property Type:
Free Standing Building
Amount:
$2,391,700
Last Verified:
Sep 06, 2022

Highlights

  • Investment Grade Advance Auto Parts With 10+ Years Remaining
  • NNN Lease - Landlord Responsible for Structure Only
  • Austin, TX Suburb - San Marcos has a Healthy Population of 68,040+ Residents
  • Strategically Located Between Major Texas Interstate-35 - 130K+ VPD and Downtown San Marcos Square
  • High Projected (2021-2026) Population Growth in a 5 Mile Radius of 10.27%
  • Several Brand New Student Housing Developments Surrounding Subject Property With a Planned Combined 565 Units
  • Just Minutes Away from Texas State University - the Fifth-Largest University in the State of Texas 38,500+ Students Currently Enrolled

Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire an Advance Auto Parts property in San Marcos, TX. There are 10 years remaining on a NNN lease, requiring very minimal landlord responsibilities. The subject property is a 6,864 square foot building on 0.77 acres located on S Guadalupe Street (13,985+ VPD).

San Marcos, TX is located in the Austin MSA, approximately 30 miles from the city of Austin. San Marcos continues to be growing at staggering rates, with a 10.27% projected population growth in the 5 mile radius. San Marcos is home to Texas State University and currently has the titles of "Best Place to Raise your Kids" and "10 Most Exciting Small Cities in America". Nearby retailers include NAPA, Dollar General, H-E-B, Chipotle, AutoZone, and Sonic. Additionally, there are several new construction apartments surrounding the subject property. Both Cheatham Street Flats and The View of the Square are luxury student housing, having a combined 565+ units.

The subject property is conveniently located on I-35 corridor between Austin and San Antonio, conducting great traffic counts as well as easy accessibility to all major Texas cities. Austin is the state capital of Texas, and 11th most populous city in the nation.

tbd


Year Built: 2017
Building Size: 6864sq ft
Lot Size: 0.77 acres


Documents

Offering Memorandum

Map of 510 Guadalupe St, San Marcos, TX, 78666

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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