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