500 Wonder World Dr - Distribution FOR SALE


San Marcos, TX 78666
$22,104,000 USD
737-204-1916
500 Wonder World Dr, San Marcos, TX for Sale
$22,104,000 USD
Distribution - FOR SALE
1/6
null | 7.82% Cap Rate

May '25


500 Wonder World Dr
San Marcos, TX 78666


HIGHLIGHTS

  • 500 Wonder World is a build-to-suit industrial opportunity with up to 125,000 square feet, breaking ground in Q3 2024.
  • 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 square feet 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.

OVERVIEW

Command Texas' Innovation Corridor from an efficiently designed warehouse customized to perfectly 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 Q3 2024. The building depth will be between 140 and 175 feet and a clear height of 32 feet. It sits on a 9.1-acre lot, allowing for a 2:1,000 square feet parking ratio. All utilities are available to the site, and an entry driveway is permitted with TXDOT. Hays and Caldwell Counties are considered the heart of the Innovation Corridor as both have seen the most significant growth of any area between San Antonio. Hays County and the city of San Marcos have the fastest-growing populations in their respective categories. These numbers are constantly being driven by the influx of major operations by companies like Amazon, H-E-B, Noveon Magnetics, and FedEx, as the combined counties saw over 400% employment growth in the past 10 years. 500 Wonder World is at the pinpoint of advancement for this flourishing region, with Downtown San Marcos 10 minutes away and direct access to Interstate 35 to easily reach all of the Innovation Corridor and beyond.

FOR SALE DETAILS

PRICE

$22,104,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

7.82%

% LEASED

-

TENANCY

Multiple

STATUS

Under Construction

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Telecom Hotel/Data Hosting, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

28 Ft

DOCKS

45

DRIVE INS

2

PARKING SPACES

215

LAND DETAILS

LAND ACRES

9.1

LAND SF

396,396

ZONING

Heavy Industrial

APN/PARCEL ID

R120686

ASK ABOUT THIS PROPERTY

Dax BenkendorferLive OakMore Info
737-204-1916

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Dax BenkendorferLive OakMore Info
737-204-1916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.