Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    185 Wonder World Dr San Marcos, TX 78666

    For Sale
    $3,117,000

    20-year NNN lease near major outlets and university.

    Property size:
    4,385 SF
    Lot size:
    1.41 Acres

    Property Features for 185 Wonder World Dr

    General Information

    Size
    4,385 SF
    Lot size
    1.41 Acres

    Source: Secure Net Lease - Dallas Agent Edward "Ed" Benton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New NNN Ground Lease Opportunity

    This property features a brand new 20-year corporate absolute NNN ground lease with 10% rental increases every 5 years and eight 5-year renewal options. The location is along the Interstate 35 growth corridor, which sees traffic exceeding 150,000 vehicles per day. It is situated approximately 0.35 miles from Tanger Outlets (1.2M SF) and Premium Outlets (1.5M SF), which attract 14 million visitors annually. The property is less than 2 miles from Texas State University, which has 44,000 students and over 3,700 faculty. The tenant, McDonald’s, is described as the world’s most valuable restaurant brand, with a reported $40.5 billion in 2025 revenue across more than 44,000 locations, including 13,700 in the U.S. The property is located in San Marcos, a fast-growing central Texas hub with a population of over 85,000, anchored by education and retail. The property size is 4,385 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    Hays
    State
    Texas
    Longitude
    -97.9614975
    Latitude
    29.8647499

    Nearby Similar for Sale

    • $1,600,000
      5,012 SF

      San Marcos Multi-Family Craftsman Estate

      Income-producing property near Texas State University with seven residences.
      101 Hunters Glen Dr, San Marcos, TX 78666
      View Details
    • $974,000
      5,548 SF

      San Marcos Multifamily Investment Opportunity

      Unique multifamily property with development potential in San Marcos, Texas.
      1000 Advance St, San Marcos, TX 78666
      View Details
    • $324,900
      1,497 SF

      San Marcos Duplex Investment Opportunity

      Duplex near Texas State University with short-term rental potential.
      1026 Haynes St, San Marcos, TX 78666
      View Details
    • $790,000
      5,295 SF

      Mixed-Use Investment Near Texas State

      Two adjoining properties with commercial and multifamily potential near university.
      521 W Hutchison St, San Marcos, TX 78666
      View Details
    • $1,995,000
      2,300 SF

      Hill Country Retreat with Event Venue

      20-acre Hill Country retreat near Wimberley and San Marcos.
      1218 Oakwood Loop, San Marcos, TX 78666
      View Details
    • $1,495,000
      12.00 Acres

      San Marcos Ranch with Income Potential

      12-acre Hill Country retreat with custom home, chapel, and horse barn.
      0000 Oakwood Loop, San Marcos, TX 78666
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - 20-year NNN lease near major outlets and university.
    Where is this drive through restaurant located?
    The property is located at 185 Wonder World Dr San Marcos, TX.
    What is the asking price?
    The asking price for this property is $3,117,000.
    What are key features of this property?
    This property features: - Brand new 20-year corporate absolute NNN ground lease with 10% rental increases every 5 years and (8) 5-year renewal options; - Prime location along Interstate 35 with high traffic volume (150,000+ vehicles per day); - Proximity to major retail destinations: Tanger Outlets (1.2M SF) and Premium Outlets (1.5M SF) with 14M visitors annually
    (713) 222-2111
    Request Owner's contact information
    185 Wonder World Dr San Marcos, TX 78666
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    185 Wonder World Dr
    San Marcos, TX 78666
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    185 Wonder World Dr San Marcos, TX 78666
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.