2515 Commerce ST Active Save Request In-Person Tour Request Virtual Tour
Marble Falls,TX 78654
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 9,840 sqft
Price per Sqft $86
Subdivision Hi-Ridge Trails
MLS Listing ID 6071783
Year Built 1982
Annual Tax Amount $12,716
Tax Year 2023
Lot Size 1.752 Acres
Property Description
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.
Location
State TX
County Burnet
Interior
Heating Central
Cooling Central Air
Flooring Concrete
Exterior
Utilities Available Electricity Connected,Water Connected
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction No
Others
Special Listing Condition Standard