Listing provided courtesy of of Keller Williams - Lake Travis. Last updated 2024-09-23 10:15:04.000000. Listing information © 2024 ABOR.
Asking Price: $849,900
2515 Commerce Street, Marble Falls TX 78654
Community: Burnet
This Unimproved Land property was built in 0 and is priced at $849,900. Please see the additional details below.
This is an excellent opportunity to own an income-producing commercial property with a strong lessee and long-term occupancy and payment history! This great property is being sold with a 'triple net' lease from current tenant, which has been in the building since 2002. The current lease renewal began in 11/22 and is for a period of five (5) years. The tenant has an option for two (2) more renewal periods of five years, with approximately 5% lease increases for these renewal periods. Approximately 1.75 acres total with Whitman Branch creek running through the undeveloped back half.