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Rank #11 of 3173/100 · EXCELLENT

7-ElevenNet Lease

1550 IH 35 North, San Marcos, TX

Cap Rate5.00%
Asking$4,386,000
Annual Rent$219,306
Term Remaining7.5 yrs

Location Scorecard Fortis model · EXCELLENT

Traffic (AADT)37,069 (2024)
Population (3 mi)48,108
Avg HH income (3 mi)$56,669
Daytime jobs (3 mi)21,910
Fuel competitors (1 mi)19
CountyHays County

Lease & Rent

Tenant / banner7-Eleven
Lease structureNet Lease
Lease expirationMar 2034
Term remaining7.5 yrs
Rent escalationsPer lease (confirm)
Renewal optionsConfirm in lease

Financials

Annual rent$219,306
Asking price$4,386,000
Cap rate5.00%
Building SF3,238
Price / SF$1,355

Financing Scenario

Loan—
Down—
Debt service—
DSCR—
Cash-on-cash—
Debt yield—

NNN — in-place rent treated as NOI. Illustrative only.

Full marketing flyer with demographics, traffic, aerials and lease detail.

Download Property Flyer (PDF)