REATA Investment Sales has been exclusively retained to offer for sale San Marcos Plaza (the “Property”), a 36,000 square foot, fully leased, two-tenant retail center strategically located on the South West corner of IH-35 and Centerpoint Road in San Marcos, TX. This heavily trafficked intersection is also home to the Premium Outlets and Tanger Factory Outlet Center, collectively known as the San Marcos Outlet Malls.
The San Marcos Outlet Malls are one of the state’s top tourist attractions. Together, these adjacent shopping centers offer more than 1 million square feet of retail in over 350 stores. During peak seasons, shoppers effectively triple the population of San Marcos.
San Marcos Plaza is ideally positioned to draw traffic from the nearby San Marcos Outlet Malls. All Southbound shoppers exiting the malls must pass in front of the Property.
In addition, San Marcos Plaza’s tenants, Gabriel’s Liquor and Texas Western Wearhouse, both operate outlet stores on site creating another draw for outlet shoppers in the area.
This offering also includes a prime 1.00 acre undeveloped, separately platted pad site which fronts the access road to IH-35.