Report Listing

Residential Land For Sale

$849,900

2515 Commerce St
Marble Falls, Texas, United States

Listed By: Realtyww Info

Listed On: 08/22/2024

Listing ID: GL11526435 View More Details

Description

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. Approximately 1.75 acres total with Whitman Branch creek running through the undeveloped back half.

For more details:

Listed by: Bob01 Clifton
Source: The World Property Journal

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