Asking Price Contact for pricing
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NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1985
Occupancy 93.0 %

Property Description

The 73,882-square-foot property is home to a diverse tenant base of national and local users with 35% of the rent roll leased to investment grade credit. With approximately 5.0 years of remaining average lease term, below market rents, and 5,555 square feet of currently available space, San Marcos Place provides investors an opportunity to acquire a stabilized neighborhood center with near-term value enhancement through lease-up and mark-to-market opportunities.

Investment Highlights

Jones Lang LaSalle (“JLL”) is pleased to offer the exclusive opportunity to purchase San Marcos Place (the “Property”), a 93% leased neighborhood center located approximately 30 miles south of Austin in San Marcos, Texas.
Cathy Nabours
Cathy Nabours
Managing Director, Capital Markets
License details
TX-479015
Walter Saad
Walter Saad
Managing Director, Capital Markets
License details
TX-415184

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