www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33855771
33855770

North Interstate 35, San Marcos, TX 78666

DF
TX TX822787-
The Blue Ox Group
JJ
TX448255, TX9009549
The Blue Ox Group
Listed by The Blue Ox Group
$1,982,000
8 days on market
Updated 3 days ago

Swig | 180 N I-35 San Marcos, TX 78666

Details
Property Type Retail
Sub Type Restaurant
Square Footage 855
Units 1
Tenancy Single
Lease Type Absolute NNN
Price per SqFt $2,318
Year Built 2022
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

855 SF | Single Tenant Absolute NNN Opportunity | San Marcos, TX

Marketing description

The Blue Ox Group is pleased to offer the opportunity to acquire the fee simple interest (land ownership) in an absolute NNN leased, Swig investment property located in San Marcos, TX. The Tenant, Swig, recently signed a brand new, long-term, 10 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2.5% rental increases every year throughout the initial term as well as each option period. This attractive rent structure and steadily growing NOI hedges against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment for the passive investor.

Investment highlights

LONG TERM, ABSOLUTE NNN LEASE

10-year base lease term with no landlord responsibilities.

ANNUAL RENTAL ESCALATIONS

2.5% rent increases every year during the initial 10-year base lease term as well as the 2, 5-year options.

RAPIDLY EXPANDING BRAND

In 2025, Swig exceeded 100 locations nationwide and is rapidly expanding into new markets across the U.S.

INCREDIBLE ACCESS WITH GREAT EXPOSURE

The Property has frontage along Interstate 35, one of the main highways within the San Marcos trade area, with exposure to over 189,000 cars per day. The Property also has incredible access to TX-123.

CLOSE PROXIMITY TO TEXAS STATE UNIVERSITY

Swig is within close proximity to Texas State University with an enrollment of over 40,600 students.

Listing Contacts

DF
TX TX822787-
The Blue Ox Group
JJ
TX448255, TX9009549
The Blue Ox Group
Listed by The Blue Ox 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
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
GC CommercialGeneral CommercialGeneral Commercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 218 uses
View all 218 uses
Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Dan Flagel
License
TX822787-
Brokerage Phone
7138047777
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591