121 Center Point Court is a dynamic retail or mixed use site offered at $1,980,000 and is located off of exit 200 from the IH 35 in San Marcos. The site is in the heart of a massive and successful retail effort known as the Tanger Outlet Mall and The San Marcos Premium Outlet. This property is in an area of destiny in the rapidly growing Austin metro.
Property Highlights:
1. 17.67 acres of clear land with an optimal slope for site drainage. (769,705 total square feet)
2. Offered at a very competitive $2.57 per foot.
3. Did you know that the adjacent retail brings between 10 and 12 million visitors per year.
5. Seller terms or a Joint Venture would be considered.
6. The sellers will consider selling a portion of the property. Proposed layout:
LotProposal please call for pricing information.
7. A Holiday Inn is planned as part of the master site.
8. An environmental survey has been completed and the site has a clean bill of health.
Zoning and Utilities:
1. The property is currently zoned General Commercial.
2. Multifamily zoning could be achieved in approximately 90 days.
3. All utilities are present, except natural gas. (Commercial propane is an easy alternative)
4. Stormwater Detention pond is installed and ready to go.
Vision: This property offers potential in multiple areas
1. The large workforce would welcome apartments next to their workplace and so a multifamily project would have good momentum.
2. A mixed use project would be well received, perhaps in the format of the Triangle in Austin.
3. A commercial annex could see significant traction. The visitor count for this area is amazing.
4. An entertainment venue to offer distractions for Dad's and children during marathon shopping runs that are very common here.
5. A land hold for the forward thinking investor. Potential profits come from subdividing the property in the near future and achieving the gains by offering smaller commercial tracts.
121 Center Point Court
Call for a site tour any time. 512.517.4432.