Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 1906
Building Area
Land Area ()

Property description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the exclusive opportunity to purchase 202 N LBJ (the “Property”), an iconic mixed-use asset located 30 miles south of Austin in San Marcos, Texas. Currently 100% leased, the three story, 20,260 square foot property features approximately 15,074 square feet of ground floor retail below nearly 5,186 square feet of high-end apartments (7 units). Anchored by Texas State University which features a total enrollment in excess of 37,000 students, San Marcos was ranked as the fastest growing city in the U.S between 2013-2015 and has seen population growth of 29% since 2010.


The Property is prominently located in the San Marcos Square, on the corner of LBJ Drive and East Hopkins Street, providing tenants and residents with a premier address in the heart of downtown San Marcos. 202 N LBJ presents investors with a unique opportunity to acquire a stabilized mixed-used asset located in the heart of downtown San Marcos with near-term value enhancement through mark-to-market opportunities.

Investment highlights

  • Historic Mixed-Use Asset with Value-Add Optionality
  • Premier Location in Downtown San Marcos
  • Prominent Surrounding Demand Drivers
  • Dynamic Retail Market
  • Consistent Multifamily/Student Housing Demand
  • Robust Economic Growth in San Marcos
Last Updated Date: 21 Sep 2021
Drew Fuller
Drew Fuller
Senior Director, Capital Markets
Broker Licenses
TX-604743
Ryan McBride
Ryan McBride
Senior Director, Capital Markets
Broker Licenses
TX-615957

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Last Updated Date: 21 Sep 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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