500 Wonder World Dr, San Marcos, TX 78666
98,240 SF | Vacant | Industrial Building | San Marcos, TX 78666 | $27,008,800 ($275/SF) | 6.40% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $27,008,800
- Sale Condition
- 1031 Exchange
- Property Type
-
Industrial
- Price / Square Foot
- $275
Listing Contacts
Otto Swingler
Verified Profile
Eric Marcella
Verified Profile
- Property Info
Property Overview
Command Texas’s Innovation Corridor from an efficiently designed warehouse customized to match operational demand with this premier build-to-suit opportunity.
500 Wonder World will span 100,000 to 125,000 square feet and is planned to break ground in Q4 2023, with a targeted delivery date in summer 2024. The building depth will be between 140 and 175 feet, with a 32-foot clear height. The 9.1-acre lot includes a 2:1,000-square-feet parking ratio, all utilities available to the site, and an entry driveway permitted with TXDOT.
Hays and Caldwell Counties are considered the heart of the Innovation Corridor as they have seen the most significant growth of any area around San Antonio. Major nearby companies include Amazon, H-E-B, Noveon Magnetics, and FedEx, contributing to the area's 400% employment growth in the last 10 years. 500 Wonder World offers direct access to Interstate 35, providing commutes to Downtown San Marcos in under 10 minutes.
500 Wonder World will span 100,000 to 125,000 square feet and is planned to break ground in Q4 2023, with a targeted delivery date in summer 2024. The building depth will be between 140 and 175 feet, with a 32-foot clear height. The 9.1-acre lot includes a 2:1,000-square-feet parking ratio, all utilities available to the site, and an entry driveway permitted with TXDOT.
Hays and Caldwell Counties are considered the heart of the Innovation Corridor as they have seen the most significant growth of any area around San Antonio. Major nearby companies include Amazon, H-E-B, Noveon Magnetics, and FedEx, contributing to the area's 400% employment growth in the last 10 years. 500 Wonder World offers direct access to Interstate 35, providing commutes to Downtown San Marcos in under 10 minutes.
Property Details
- Class
- A
- Stories
- 1
- Property Subtype
- Distribution, Telecom Hotel/Data Hosting, Warehouse
- Lot Size (sq. ft)
- 396,396 SF
Highlights
- 500 Wonder World is a build-to-suit industrial opportunity with up to 125,000 square feet, breaking ground in Q4 2023.
- Due to positioning directly off Interstate 35, transporters can reach Downtown Austin in 30 minutes and central San Antonio in 40 minutes.
- Property sits on a 9.1-acre lot with all utilities available to the site, a 2:1,000-SF parking ratio, and a driveway permitted with TXDOT.
- Innovation Corridor offers many tax incentives for relocating or expanding businesses and has a labor force of 2.4 million within a 60-minute drive.
- Households within a 10-mile radius grew nearly 60% from 2010 to 2023, with projections calling for a 17% increase by 2028.
- Available for lease or sale.
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