2515 Commerce Street

Marble Falls, TX 78654
$849,900

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.

  • Property Details
    • Property
      • View:Creek Stream
      • Lot description:Level
    • Measurements
      • Acres:1.7525
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Connected, Water Connected
  • Community and Neighborhood Details
    • Community
      • Subdivision:Hi-Ridge Trails
    • Location
      • School district:Marble Falls ISD
      • Elementary School:Marble Falls
      • Middle School:Marble Falls
      • High School:Marble Falls
      • County:Burnet
  • Financial Details
    • Pricing Details
      • Original List Price:$849, 900
      • Days on Market (Cumulative):57
      • Taxes annual:$12, 716
  • Other
    • Source
      • MLS #:9749991

Location

Jeannette GerkaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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