Description
A huge Investment Opportunity ~Centrally located in San Marcos with an easy commute to Austin, New Braunfels & San Antonio. YellowRock Business Park is a fully-leased Office/Warehouse Park that is being offered to the market as an Income Producing Asset. The property totals approximately 1.25 ac. and consists of 3 separate buildings. The 1st building is a 2-story office building w/ 2 tenants (1 on the 1st floor and 1 on the 2nd) that totals approximately 1,320 sf. The 2nd building is a 1-story office building w/ 4 tenants that totals approximately 5,686 sf. The 3rd building is a 1-story warehouse w/ an office w/ 1 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.
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0BEDS
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1.25ACRES
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0BATHS
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01/2 BATHS
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7,266SQFT
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$219$/SQFT
© 2023 Central Texas MLS.
Listing courtesy of Mitchell Classen of Classen Realty Group: (512) 971-3415.
Description
A huge Investment Opportunity ~Centrally located in San Marcos with an easy commute to Austin, New Braunfels & San Antonio. YellowRock Business Park is a fully-leased Office/Warehouse Park that is being offered to the market as an Income Producing Asset. The property totals approximately 1.25 ac. and consists of 3 separate buildings. The 1st building is a 2-story office building w/ 2 tenants (1 on the 1st floor and 1 on the 2nd) that totals approximately 1,320 sf. The 2nd building is a 1-story office building w/ 4 tenants that totals approximately 5,686 sf. The 3rd building is a 1-story warehouse w/ an office w/ 1 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.
© 2023 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Benchmark Real Estate Group | Fathom. Data last updated: 2023-05-29T21:05:50.343.