2900 U.S. 281 hwy - Retail FOR SALE


Marble Falls, TX 78654
$2,909,091 USD
332-345-4222
2900 U.S. 281 hwy, Marble Falls, TX for Sale
$2,909,091 USD
Retail - FOR SALE
1/3
null | 5.5% Cap Rate

2900 U.S. 281 hwy
Marble Falls, TX 78654


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Absolute NNN 20-Year Corporate Sale-Leaseback
  • Excellent Frontage on Main Throughway
  • Strategically Positioned Between a Walmart Supercenter and Lowe's

OVERVIEW

Surmount is pleased to present the exclusive listing for a Brakes Plus located at 2900 N US Highway 281, Marble Falls, TX 78654. The site consists of roughly 4,897 rentable square feet of building space on an estimated 1.06-acre parcel of land. This Brakes Plus is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $160,000 and has scheduled increases of 5.00% every 5 years.

FOR SALE DETAILS

PRICE

$2,909,091 USD

PRICE/SF

$594 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brakes Plus

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.