2515 Commerce StMarble Falls, TX 78654

For Sale
$849,900
Prime Storefront, Long-Term Lease

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional Marble Falls, Texas retail property presents a compelling investment opportunity. The 9,840-square-foot storefront, situated on a 1.75-acre lot at 2515 Commerce St, 78654, is currently under a triple-net (NNN) lease. The single tenant has occupied the building since 2002, demonstrating a strong history of consistent occupancy and payments. The current five-year lease commenced November 1, 2022, and expires November 1, 2027, leaving approximately 2.9 years remaining. The lease includes two five-year renewal options, each with an approximate 5% rent increase. The asking price is $849,900, translating to $86.37 per square foot. The property's attractive features extend beyond the building itself

Highlights

  • 9,840 SF retail building on a 1.75-acre lot in Marble Falls, TX.
  • NNN lease with a single tenant since 2002.
  • Current 5-year lease expires November 1, 2027, with two 5-year renewal options at a 5% rent increase each.
  • Asking price: $849,900 ($86.37/SF).

Property Details for 2515 Commerce St

Property type
Retail properties, Retail space
Square Feet
9,840 SF
Lot Size (sq. ft)
76,361 SF

Location Insight

City
Marble Falls
County
Burnet
State
Texas
Latitude
30.5960311
Longitude
-98.2686061
2515 Commerce St, Marble Falls, Texas

FAQs

What type of property is this?
Retail property - Prime Storefront, Long-Term Lease
Where is the retail property located?
The property is located at 2515 Commerce St Marble Falls, TX.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 9,840 SF retail building on a 1.75-acre lot in Marble Falls, TX.; NNN lease with a single tenant since 2002.; Current 5-year lease expires November 1, 2027, with two 5-year renewal options at a 5% rent increase each.
How can I contact the broker?
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2515 Commerce St
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