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The Palms Shopping Center

3941 South IH 35,
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961

FOR LEASE - PALMS SHOPPING CENTER - SUITE 102 (1,726 SF)

PROPERTY OVERVIEW

TC Austin is pleased to present Palms Shopping Center located at the Tanger Outlets in San Marcus, Texas. The site features multiple access points from IH 35 with one direct Right of Way and one shared boulevard. The site features 229 feet of frontage along IH 35. This project offers excellent exposure from the elevated Interstate Highway with a vehicle traffic count over 210,000 vpd. The Palms Shopping Center features 71 reserved parking spaces located at the rear of the project, fronting IH 35. Ample shared parking is located at the front of the property. Tilt wall construction with custom exterior features to include lightning, signage, and awnings.

ADDRESS:
3941 South IH 35, San Marcos, TX 78666

LEGAL DESCRIPTION:
Lot 4, 1.288 Acres, Factory Shops

BUILDING AREA:
17,712 Square Feet

NET LEASABLE AREA:
17,672 Square Feet

YEAR BUILT:
2008

LEASE TERMS

RENTAL RATE:
$43.00 Per Square Foot (Annual)

NNN FEES:
$6.87 Per Square Foot (Annual)

NET LEASEABLE AREA:
1,726 Square Feet

CO-TENANTS:
James Avery
Naturalizer
Alpha Nail & Spa
Famous Footwear
Sleep Number Beds

Percentage Lease
Range 3–4%, Sales

Lease Terms
Base Rental with $0.50 rent increases annual

SPACE HIGHLIGHTS

  • Finish Out
  • Vinyl Floors
  • Custom Lightning
  • Open Area
  • Storage – Stock Room
  • Rear Door Entrance

LOCATION INFORMATION

San Marcos, located 45 miles north of San Antonio and 25 miles south of Austin, Texas is home to the largest outlet shopping centers in the United States. Combined, the two adjacent malls have over 1,200,000 square feet of outdoor shopping and during peak seasons, shoppers can reach numbers that effectively triple the population of San Marcos. International travelers can qualify for a Texas Sales Tax refund by showing necessary documentation and thus generates an additional 80,000 to 100,000 visitors a day during the month of January. The subject property is one of the few stand-a-lone shopping centers within the mall area which has direct access to all the entire project.

Address: 3941 South IH 35
State/County:
Zip: 78666
Country: United States
Property Id : 1321
Category: For Lease
Status: Active
Type: Retail
Sub-type: Commercial
Total Space: 1,726 Square Feet
Rental Space: 1,726 Square Feet
Property Uses: Residential
Rental Rate: $43.00 Per Square Foot
Anchor Tenant
Highway Access
High Traffic Area
Site Plan
Site Plan

Other Agents

Troy R Van Brunt

VICE PRESIDENT OF OPERATIONS
(210) 495-5015
(956) 763-6811
troy@tcaustin.com

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Michael E. Reyna

President & C.E.O. CCIM, CRE
(210) 495-5015
(210) 325-3397
mike@tcaustin.com

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