1231 East McCarty Lane
San Marcos, TX 78666
Price:
$8,088,000
Cap Rate:
5.00%
NOI:
$404,416
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 1.74 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2023 Construction. 4,650+/- SF Building on 1.74+/- Acre Site
- Brand New 15-Yr Corporate Absolute NNN Lease w/ 7.5% Rent Bumps Every 5 Years, in both the Primary Term and Option Periods
- Excellent Location Right Off the Intersection of E McCarty Ln & N Interstate 35 Frontage Rd (77.6K+ Combined VPD)
- Large Format 7-Eleven: Sits on a 1.74 Acre Parcel with 40 Parking Spaces and 8 Gasoline MPDs
- Site is Just Over 3 Miles From Texas State University, the Fifth-Largest University in Texas with Enrollment of 38K+ Students
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- San Marcos | Located In Between Austin & San Antonio | Population: 70,301
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