3108 US 281 - Freestanding FOR SALE


Marble Falls, TX 78654
$5,730,000 USD
512-630-9758
3108 US 281, Marble Falls, TX for Sale
$5,730,000 USD
Freestanding - FOR SALE
1/1
null | 5.75% Cap Rate

3108 US 281
Marble Falls, TX 78654


HIGHLIGHTS

  • Austin, TX MSA (~50-Miles Northwest)
  • 2024 Build-to-Suit
  • 15-Year Absolute NNN Lease
  • 8.50% Bumps Every 5-Years
  • Five, 5-Year Options
  • 24,000+ VPD Traffic Counts

OVERVIEW

Marble Falls, Texas, is a vibrant city located in the picturesque Texas Hill Country, approximately 50 miles northwest of Austin and 85 miles north of San Antonio. The city is located in Burnet County Texas with a population of 55,346 that’s growing at an annual rate of 2.64%. The population of Marble Falls, Texas, in 2024 is 7,757. The city is currently growing at a rate of 2.2% annually, and its population has increased by 9.48% since the most recent census, which recorded a population of 7,085 in 2020. The city’s infrastructure supports business operations and growth, with major highways providing easy access to Austin, San Antonio, and other key markets. The local airport and proximity to international airports in Austin and San Antonio further enhance Marble Falls’ connectivity, making it a convenient location for business travelers and logistics operations. This strategic location offers the perfect blend of small-town charm and accessibility to major urban centers, making Marble Falls an ideal spot for businesses looking to capitalize on regional growth while maintaining a quality lifestyle. The city serves as a commercial hub for the Highland Lakes area, with a diverse economic base that includes tourism, manufacturing, health care, and retail. The city has experienced consistent growth, driven by both its natural beauty and a proactive economic development strategy that encourages investment and expansion. The presence of major retailers, a regional hospital, and numerous small businesses reflects a robust local economy with opportunities for new ventures and expansions. With a population that exhibits a mix of young professionals, families, and retirees, Marble Falls presents a dynamic market for businesses. The city’s demographic profile is characterized by a higher-than-average household income and a growing population, indicative of a strong and stable consumer base. The area’s scenic beauty, coupled with its community-oriented lifestyle, continues to attract new residents, further bolstering the local economy.

FOR SALE DETAILS

PRICE

$5,730,000 USD

PRICE/SF

$526 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Petco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.05 AC

LAND SF

220,187 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Klinton LewisEmbree Capital Markets GroupMore Info
512-630-9758

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

Klinton LewisEmbree Capital Markets GroupMore Info
512-630-9758

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