The Palms Shopping Center – Leasing
Type: Retail
Location: 3941 S Interstate 35, San Marcos, Texas 78666-5259
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-alone shopping centers within the mall area which has direct access to all the entire project.
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Suite 108 - 6,000 SF
$30.00/sq. ft.
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Concessions
3 Months Based Rent Abated with Approved 5-Year Lease
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NNN Fees
$9.73/sq. ft. (2023 Estimate)
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Signage
Excellent Signage on Front & Rear of Property
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Parking
Ample Parking in the Front & Rear of Property; Easy Access to Shopping Center
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Percentage Lease
None
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Lease Terms
Base Rental with $0.50 Rent Increases Annually
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Finish Out
Vinyl & Carpet Floors, Open Retail Area, Storage/Stock Room, Rear Door Entrance
Location
This project offers excellent exposure from the elevated Interstate Highway with a vehicle traffic count of over 150,000 vehicles per day. The project 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.
