2515 Commerce St Marble Falls, TX 78654-3918
- Industrial properties
- 9,840 SF
- 1.75 lot acres
Current Use by Public Records
- Moore Supply / Plumbing Supply Store / Bathroom Supply Store
- Moore Supply Company / Distribution Service
Property Details for 2515 Commerce St
- Year built
- 1982
- Lot size
- 1.75 lot acres
- Property size
- 9,840 SF
- Property type
- Industrial properties
- APN
- 19593
- APU
- 19593
Description
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marble Falls
- County
- Burnet
- State
- Texas
- Longitude
- -98.2682
- Latitude
- 30.5958