A huge Investment Opportunity: Centrally located in San Marcos just off Interstate 35 with an easy commute to Austin, New Braunfels & San Antonio. YellowRock Business Park is fully leased, this office/Warehouse Park is being offered to the market as an Income Producing Asset. The property totals approximately 1.25 acres and consists of 3 separate buildings. The first building is a two-story office building with two tenants (one on the first floor and one on the second) that totals approximately 1,320 sf. The second building is a single-story office building with 4 tenants that totals approximately 5,686 sf. The third building is a single-story warehouse with an office with one tenant that totals approximately 3,461 sf. The property boasts ample parking, an excellent location minutes from I-35 and across from the esteemed Kissing Tree Community, and favorable rent increases over the coming years. The current rents total approximately $134,000 per year plus Nets. A full investment package is available by request. The property is priced at a 6% cap
Assigned, On Site, Paved, Parking Lot, Private, Secured
Property Listed by: Classen Realty Group
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from February 7th, 2023 at 1:52am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
All information provided is deemed reliable but is not guaranteed and should be independently verified.