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
Location
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MLS# 7666897
ACTIVE
$1,650,000
Listing Agent: Jerri Taylor
Courtesy of: Diggs Real Estate Inc.
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Listing Agent: Mitchell Classen Courtesy of: Classen Realty Group Attribution contact: (512) 971-3415 Based on information from the 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. Copyright © 2022 Austin Board of Realtors Updated: 6th February, 2023 4:01 PM (UTC)
