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Office
601 University Dr, San Marcos, TX 78666, USA
Available Now
$500,000
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FOR SALEOffice / Traditional
Cap Rate
5%
NOI
$1,200
Building Size
6,000SF
Ceiling Height / Slab to Slab
5 M
APN
43123555
Lot Size
5AC
Listing Contacts
AI Property Insights
Distilled from listing data, documents and public records · 30-second read
Newly constructed Class B office building at 601 University Drive in San Marcos, Texas, offered at $500,000 at a 5.00% cap ($1,200 NOI). The single-tenant asset comprises three buildings totaling 6,000 SF across eight stories on a 5-acre CB1-zoned parcel.
Built in 2015, the property features 5-meter ceiling heights and paved parking with a 6:1 parking ratio, providing ample vehicle accommodation. The 80% minimum occupancy threshold supports stable cash flow. The location on University Drive positions the asset in San Marcos' central commercial corridor, near Texas State University and regional retail anchors.
Why it works
- Three-building complex, 6,000 SF total across eight stories
- 5-acre CB1-zoned parcel with generous 6:1 parking ratio
- 5-meter ceiling heights
- 5.00% cap rate, $1,200 NOI
- 80% minimum occupancy
AI-generated. Verify figures, lease terms & zoning before relying on them.
More property details
Parking Info
Paved parking with 6:1 parking ratio
Year Built
2015
Zoning
CB1
Earnest Money Deposit
2%
Occupancy
80%
Tenancy
Single Tenant
Currently Leased
No
Investment
Institutional
Investment Detail
Located at the heart of the city
Sale Type
Traditional Sale
Requested Closing Period
5 days
Due Diligence Period
5 days
Broker Co-op
Yes
Net Rentable
103,200SF
Typical Floor Size
10,400SF
Building FAR
6
Property Class
B
No of Buildings
3
No of Stories
8
Ownership
Upstox
Available Properties
Total: 1Property Name / Address
Year Built
Individual Price
Condition
Location & transit
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Office
Getting around
Buses
Commuter Rail
Airport
Transit data provided by Google. Times and distances are estimates.