1211 Hwy Marble Falls, TX 78654

This exceptional investment opportunity presents a fee-simple, Class A, 14,820 square-foot Walgreens located at 1211 N U.S. Hwy 281, Marble Falls, TX 78654 (Burnet County), within the Austin MSA. The property boasts a strong 7.33% cap rate and a substantial net operating income (NOI) of $350,000. Built in 2005 on a 2.23-acre lot, this single-tenant, absolute NNN leased property features a drive-thru and benefits from a corporate guarantee. The lease, originally signed September 1, 2005, has a remaining term of 5.8 years with ten (10) five-year options, providing long-term stability. The asking price is $4,775,000, translating to $322.20 per square foot. The property enjoys a prime corner location with high visibility and traffic counts exceeding 31,500 vehicles daily on Highway 281. This is a 100% occupied asset offering significant tax advantages due to its location in a tax-free income state. The property is ideal for a 1031 exchange. Zero landlord responsibilities are required.