Miscellaneous
LoanStar Title Loans
720 E Hopkins St, San Marcos, TX 78666
Listing Price: $780,000
Cap Rate
7.00%
Tenant Name
LoanStar Title Loans
Years Remaining On Lease
2.2
Gross SF
2,492
Guarantor
Corporate Guarantee
Rentable SF
2,492
Price/Gross SF
$313.00
Lease Type
Double Net
Rent Per Square Feet
$21.91
Investment Overview
See Highlights
LoanStar Title Loans
Investment Highlights
- Below Market Rent - At $21.91 Rent/SF, this asset boasts below market rent, providing long-term sustainability for the tenant.
- Austin MSA - San Marcos is part of the Austin Metropolitan Statistical Area which now exceeds 2.5 million residents. It has also seen a booming tech sector in the last few years.
- Strong Traffic Counts - Situated directly off I-35, the major connector between San Antonio and Austin, the property sees over 1340,000 vehicles per day.
- Double Net+ Lease - The lease provides minimum landlord responsibilities, only maintenance of roof, structure, and parking lot while tenant is responsible for taxes, insurance, and CAMs.
Exclusively Listed By
Listing Price: $780,000
Cap Rate
7.00%
Tenant Name
LoanStar Title Loans
Years Remaining On Lease
2.2
Gross SF
2,492
Guarantor
Corporate Guarantee
Rentable SF
2,492
Price/Gross SF
$313.00
Lease Type
Double Net
Rent Per Square Feet
$21.91
Investment Highlights
- Below Market Rent - At $21.91 Rent/SF, this asset boasts below market rent, providing long-term sustainability for the tenant.
- Austin MSA - San Marcos is part of the Austin Metropolitan Statistical Area which now exceeds 2.5 million residents. It has also seen a booming tech sector in the last few years.
- Strong Traffic Counts - Situated directly off I-35, the major connector between San Antonio and Austin, the property sees over 1340,000 vehicles per day.
- Double Net+ Lease - The lease provides minimum landlord responsibilities, only maintenance of roof, structure, and parking lot while tenant is responsible for taxes, insurance, and CAMs.
Investment Overview
See Highlights
Exclusively Listed By
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