Listed by Sands Investment Group Austin, Sands Investment Group
$2,062,500
Dollar Tree - San Marcos, TX (Hwy-80)
Details
Property Type Retail
Sub Type Storefront
Square Footage 9,000
Cap Rate 6%
NOI $123,750
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN
Lease Term 16.4
Lease Expiration 03/31/2034
Remaining Term 7.8
Rent Bumps Yes
Lease Options 2 x 5 Year Options
Price per SqFt $229
Year Built 2018
Acreage 1.200
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/10/2017
Ground Lease No
Dollar Tree | Walmart Outparcel | Austin MSA | $2M
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 9,000 sf Dollar Tree located at 1021 Texas Hwy 80 in San Marcos, TX. This property sits as an outparcel to a Walmart Supercenter and is secured by a ~8 year Double Net (NN) Lease, providing a secure and attractive investment opportunity.
Investment highlights
- Strategically positioned as an outparcel to the dominant Walmart Supercenter serving the San Marcos trade area.
- Walmart Supercenter at 1015 TX Hwy 80 is one of the highest-trafficked retail anchors in the region, with the broader San Marcos retail market drawing millions of annual consumer visits.
- ~8 years of remaining primary lease term provide stable near-term cash flow backed by Dollar Tree, one of the nation’s leading discount retailers.
- Excellent visibility and accessibility along TX Hwy 80 with approximately 32,120 VPD directly in front of the property.
- Located within the rapidly growing I-35 corridor between Austin and San Antonio, one of the strongest growth corridors in Texas.
- Positioned near Texas State University, a major enrollment driver with more than 38,000 students, supporting year-round consumer demand in San Marcos.
Listing Contacts
Listed by Sands Investment Group Austin, Sands Investment Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$123,750.00
$10,312.50/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Name
License
Name
License
Brokerage
Brokerage Phone
Title
Name
License
Is there information that looks off?
