1211 HwyMarble Falls, TX 78654
For Sale
$4,775,000
High-Yield Net Lease Walgreens
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- Fee-simple, Class A Walgreens (14,820 SF) in Marble Falls, TX, within the Austin MSA.
- Strong 7.33% cap rate and $350,000 NOI.
- Absolute NNN lease with corporate guarantee; 5.8 years remaining, plus 10 five-year options.
- $4,775,000 asking price ($322.20/SF); built in 2005 on a 2.23-acre lot with drive-thru.
- High-visibility corner location on Hwy 281 (31,500+ VPD); 100% occupied; ideal for 1031 exchange.
Property Details for 1211 Hwy
- Property type
- Other retail properties, Individual retail properties
- Square Feet
- 14,820 SF
- Class
- A
- Year Built
- 2005
- Buildings
- 1
- Lot Size (sq. ft)
- 97,139 SF
- Units
- 1
Location Insight
- City
- Marble Falls
- County
- Burnet
- State
- Texas
- Latitude
- 30.581838905739
- Longitude
- -98.273033750753
1211 Hwy, Marble Falls, Texas
Nearby Similar for Sale
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