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1920 Corporate Dr Office Condo Package 3 Office Condos Offered at $1,771,822 CAD in San Marcos, TX
Investment Highlights
- Net Leased Offices in a Professionally Managed Association
- Less than 1 mile to IH-35
- Below market rents provide value add opportunities
- Less than 1 mile to the Hays County Government Center
- Less than 3 miles to Downtown San Marcos and Texas State University
Executive Summary
Net Leased Office Condo Investment - 3 Property Package from $320,000 to $1,300,000. Three office condos for sale within the professionally managed and high-performing 1920 Corporate Drive Office Condominiums in San Marcos, TX. Features include historically strong leasing, lack of similar supply in San Marcos, and proximity to the Hays County Government Center, Texas State University, and IH-35. Suite B208 is 1,920 SF offered at $660,000. Suite B205 is 955 SF offered at $320,000. Suite A101 is 988 SF offered at $320,000. All three units heave leases in place and are also offered for sale individually. Rents are below market so there is some value-add opportunity.
Property Facts
| Price | $1,771,822 CAD | Status | Active |
| Price / SF | $458.66 CAD / SF | Number of Properties | 3 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.25% | Total Building Size | 3,863 SF |
| Sale Type | Investment NNN |
| Price | $1,771,822 CAD |
| Price / SF | $458.66 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.25% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,863 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
A
1920 Corporate Dr, 1st Floor - Unit 104, San Marcos, TX 78666 |
Office Condo | 1,920 SF | 2008 | - |
|
A
1920 Corporate Dr, 1st Floor - Unit 101, San Marcos, TX 78666 |
Office Condo | 988 SF | 2008 | - |
|
Building B
1920 Corporate Dr, 1st Floor - Unit 205, San Marcos, TX 78666 |
Office Condo | 955 SF | 2012 | - |
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1920 Corporate Dr Office Condo Package
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