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Marble Falls Commercial Property

List Price: $849,900

Category:

Commercial Real Estate

Parking Space:

1/2 Acre Slab

Year Built:

1982

Lot Size:

1.75 Acres

Square Footage:

9,840

MLS#:

ABOR 6071783

Description of Property at

2515 Commerce Street

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 (Moore's Plumbing Supply), 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. Interactive Map: https://id.land/ranching/maps/d8951e33eef37d134070169161eb612c/share

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