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300 Cm Allen Pky
San Marcos, TX 78666
100 · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Current rents are below market with multiple month-to-month leases
- Minutes from Texas State University, which enrolls 44,000 students and employs 5,000+ faculty and staff
- San Marcos, situated 30 miles south of Austin, has experienced significant growth over the past five years
- 300 CM Allen Center is located in the heart of San Marcos, just 0.5 miles from the historic Downtown Square and across the street from the San Marcos
EXECUTIVE SUMMARY
300 South CM Allen is an income producing business park, consisting of four single story structures located in downtown San Marcos within proximity to both Texas State University and the San Marcos River. With ample parking, this multi-tenant property provides stable cash flow to any prospective buyer. It also offers flexibility and could either continue to operate as an office building or be repositioned into a service-oriented retail center.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
12,950 SF
Building Class
C
Year Built
1988
Percent Leased
86%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,950 SF
Building FAR
0.27
Lot Size
1.12 AC
Parking
11 Spaces (0.85 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | R33131 | Improvements Assessment | $1,250,965 CAD |
| Land Assessment | $468,452 CAD | Total Assessment | $1,719,417 CAD |
PROPERTY TAXES
Parcel Number
R33131
Land Assessment
$468,452 CAD
Improvements Assessment
$1,250,965 CAD
Total Assessment
$1,719,417 CAD
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