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2515 COMMERCE ST MARBLE FALLS, TX 78654
- Commercial / Resale (MLS)
Property Details for 2515 COMMERCE ST, MARBLE FALLS, TX 78654
Features
- Lot Size: 76337
- Stories: 100
- Heating: Central Furnace
Facts
- Year Built: 01/01/1982
- Property ID: 887326542
- MLS Number: 6071783
- Parcel Number: 19593
- Property Type: Commercial
- County: BURNET
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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, 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.
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Property Brokerage:
M.E. Cook
Copyright © 2024 Keller Williams Realty, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.