Description
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
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0BEDS
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1.25ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
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
© 2023 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.The information 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. Data last updated: 2023-03-22T18:02:00.597.
Based on information submitted to the MLS GRID as of 2023-03-22T18:02:00.597 (date and time MLS GRID Data was obtained).
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