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250 Foxtail RunSan Marcos, TX 78666
250 S. Foxtail Run
Asset ClassOffice
Occupancy100%
Rentable SF: 16,422# Tenants: 1Cap Rate: 11.86%Access Data Room
100% State Leased Opportunity
overview of deal

Overview

Transwestern is pleased to present the exclusive opportunity to acquire 250 S. Foxtail Run (the "Property"), a 16,422-square-foot single-tenant office building in San Marcos, Texas.

 

The Property represents a stable, government-backed income stream anchored by the Texas Office of the Attorney General (OAG), which fully occupies the building. The agency has operated from the Property since its completion in 2014, reflecting more than a decade of continuous occupancy and a long-term commitment to the location.

 

The lease is structured on a full-service gross basis, with ownership covering the majority of operating expenses. The tenant has already exercised its first renewal option, extending its commitment through Aug. 31, 2029, demonstrating its continued reliance on the Property. Annual rent adjustments tied to the Consumer Price Index (CPI) provide built-in inflation protection and support long-term income growth.

 

Backed by the credit of the State of Texas, the tenancy offers a highly secure income stream with minimal default risk. With one remaining five-year renewal option and modern 2014 construction, the Property provides dependable government-backed cash flow and future upside through the potential exercise of the remaining renewal option.

Investment Highlights

Located at 250 S. Foxtail Run in San Marcos, Texas, the Property benefits from a premier position along the Interstate 35 corridor between Austin and San Antonio, with convenient access to two of the state's largest metropolitan economies. San Marcos continues to rank among the fastest-growing cities and markets in Texas.

 

Constructed in 2014, the Property offers modern improvements that help minimize near-term capital expenditures and support long-term government occupancy.

 

A full-service gross lease backed by State of Texas credit provides stable cash flow, annual CPI-based rent growth and future upside through the remaining five-year renewal option after the current lease term expires on Aug. 31, 2029.

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250 Foxtail RunSan Marcos, TX 78666

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