Listed by SURMOUNT
$1,725,000
Sun Auto
Details
Property Type Retail
Sub Type Automotive
Square Footage 4,500
Cap Rate 5.85%
NOI $100,897
Occupancy 100%
Tenancy Single
Brand/Tenant Sun Auto
Lease Type NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 2, 5-Year Options
Year Built 1988
Acreage 0.420
Investment Type Sale/Leaseback
Tenant Credit Corporate Guarantee
Ground Lease No
Sale Condition Sale for leaseback
About This Property
Marketing description
Surmount is pleased to present the exclusive listing for a Sun Auto located at 1201 TX-123, San Marcos, TX 78666. The site consists of roughly 4,500 rentable square feet of building space on an estimated 0.42-acre parcel of land. This Sun Auto is subject to a 15-year Triple Net (NNN) lease. The current annual rent is $100,897 and has scheduled increases of 1.00% annually.
Investment highlights
- Corporate Guarantee from Sun Auto Tire & Service, Inc. | The lease is backed by a corporate guarantee from Sun Auto Tire & Service, Inc., providing investors with exceptional security and stable cash flow. With a large national automotive service platform supporting the lease, this property offers long-term reliability and minimized risk in a rapidly growing Texas market.
- Proximity to Austin, TX | The subject property is strategically positioned just over 20 miles outside of Austin, TX, one of the fastest growing cities in America. This location benefits from the rapid population and economic expansion of the Austin metropolitan area, providing strong long-term demand drivers for automotive services.
- Low Price Point and Rent Compared to Recently Sold Sun Auto Concepts | This Sun Auto is offered at $1,725,000 with a net operating income of $100,897, both well below the national averages for recently sold Sun Auto locations. This favorable pricing and rent profile positions the property as an attractive entry point into a stable, nationally recognized brand.
- ~2 Miles from Texas State University | This Sun Auto location sits just under two miles from Texas State University, which has an enrollment of over 44,000 students each year. In addition, the University's popularity is continuously growing, illustrated in the enrollments 10% increase from 2024 to 2025.
- Dense Retail Corridor | The site benefits from being located in a dense region of national retailers. Some of the surrounding tenants include Chick-fil-A, Raising Cane's, Walmart, PetSmart, Buffalo Wild Wings, and Red Lobster. The presence of these premier Quick-Service and Casual Dining restaurants significantly increased foot traffic near the subject property, providing the tenant with exceptional opportunity to grow their customer base.
- Robust Traffic Counts | The subject property is strategically positioned on TX-123, which see 17,925 vehicles daily. Additionally, the site is located 0.5 miles from South Interstate 35, a major highway that averages over 145,000 vehicles each day. This top-tier visibility to multiple busy throughways provides this site with consistent, recurring traffic in the immediate area.
Listing Contacts
Listed by SURMOUNT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,897.00
$8,408.08/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
Map
Zoning
HC CommercialSpecial CommercialHeavy Commercial
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View all 77 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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