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21395487
21395488

715 W Hopkins St, San Marcos, TX 78666

Monica & Company Real Estate
Listed by Monica & Company Real Estate
$1,750,000
529 days on market
Updated 24 days ago

715 W Hopkins - Mixed Use

Details
Property Type Mixed Use, Office (+1)
Sub Type Day Care/Nursery, Executive Office (+1)
Square Footage 4,814
Units 6
Occupancy 30%
Tenancy Multi
Lease Type NNN
Lease Term 5
Lease Expiration 12/31/2030
Rent Bumps Yes
Pro-Forma Cap Rate 7.23%
Pro-Forma NOI $126,540
Broker Co-Op Yes
Class B
Year Renovated 2024, 2025
Buildings 2
Stories 1
Acreage 0.930
Zoning Mixed Use
Investment Type Owner/User
Lease Commencement 01/01/2025
Occupancy Date 01/28/2025
Ground Lease No

1 acre on main arterial road in San Marcos zoned Mixed Use

Marketing description

*Income-Producing Mixed-Use Investment Opportunity* Exceptional opportunity to acquire a partially leased, income-producing commercial property on nearly one acre along highly visible Hopkins Street in San Marcos. This versatile investment consists of two buildings totaling 4,814 square feet, offering immediate cash flow with additional upside through the lease-up of the remaining available space.

Building 1 (3,362 SF) is partially leased, with the remaining suites actively marketed for lease, creating the opportunity to increase occupancy and future income. Building 2 (1,452 SF) is fully leased, providing established rental revenue from day one. Zoned Mixed Use, the property offers exceptional flexibility for a variety of commercial and residential uses, supporting long-term investment value. The available suites feature a mostly white-box interior, allowing for efficient tenant finish-out and broad leasing appeal. Positioned on one of San Marcos' primary commercial corridors, the property benefits from excellent visibility, strong traffic counts, ample parking, and convenient access to IH-35, Texas State University, downtown San Marcos, and the area's continued residential and commercial growth.

Whether you're expanding your commercial portfolio, completing a 1031 exchange, or seeking an investment with both current income and future upside, this property offers the rare combination of existing cash flow, leasing potential, and long-term appreciation.

Investment highlights

  • Two-building commercial investment totaling 4,814 SF
  • Nearly 1 acre
  • Current rental income with additional lease-up opportunity
  • Building 1: 3,362 SF – Partially Leased
  • Building 2: 1,452 SF – Fully Leased
  • Mixed-Use zoning
  • Excellent Hopkins Street visibility and frontage
  • Ample on-site parking

Strong upside through continued leasing

Listing Contacts

Monica & Company Real Estate
Listed by Monica & Company Real Estate

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Zoning

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MU MixedMixed UseMixed Use District
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View all 218 uses
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Monica Malorgio
License
524646
Brokerage
McNabb and Co Real Estate Services
Brokerage Phone
5127877935
Title
Broker of Record
Brokerage Address
1920 Corporate Dr B201
Name
Monica Malorgio Katz
License
524646
Brokerage
McNabb and Co Real Estate Services
Brokerage Phone
5126679129
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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