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180 I-35San Marcos, TX 78666
Swig
Asset ClassRetail
Deal Size$1.9 M
Square Feet: 855Cap Rate: 6%Access Data Room
Single Tenant Absolute NNN Opportunity
overview of deal

Overview

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

GLA: 855 SF

Year Built: 2022

LL Responsibilities: NNN

Term: 10 Years with 2, 5-Year Options

 

Traffic Counts:

Interstate 35: 189,015 CPD ‘24

TX-123: 31,531 CPD ‘24

2025 Demographics

1 Mile
3 Miles
5 Miles
Population
8,812
66,780
88,254
5 Yr Proj. Growth
9,650
73,271
98,403
Daytime Pop.
1,735
5,481
23,464
Total Households
3,522
27,750
35,532
Avg HH Income
$75,766
$71,038
$75,452
Median Home Value
$227,076
$335,951
$305,549
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180 I-35San Marcos, TX 78666
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