300 CM Allen Center
San Marcos Office/Retail Asset in Downtown San Marcos
Marketing description
300 South CM Allen is an income producing business park, consisting of four single story structures located in downtown San Marcos within proximity to both Texas State University and the San Marcos River. With ample parking, this multi-tenant property provides stable cash flow to any prospective buyer. It also offers flexibility and could either continue to operate as an office building or be repositioned into a service-oriented retail center.
Investment highlights
The asset is 86% occupied with three vacancies, giving new ownership the opportunity to fill space with tenants of their choice. With a mix of local tenants and national brands like Edward Jones, there is a diverse tenant mix. The service-oriented nature of the tenants, ranging from financial services, cosmetics, and mental health service providers, provides stable and necessary services to the City of San Marcos.
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