Harbor Freight

Untitled

Marble Falls, TX

Price: $2,693,000
Cap Rate: 6.5%
NOI: $175,000
Building Size: Approx. 17,500 Sq. Ft.
Lot Size: Approx. 1.66 Acres
Status: Sale Pending
Sub Category: Retailer
Year Built / Renovated: 2000 / 2019

Investment Overview

  • 2019 Renovation. 17,500+/- SF Building on 1.66+/- Acre Site
  • New 10-Yr Corporate Lease w/ 10% Rent Bumps Every 5-Yrs
  • Located along US-281 (34K VPD), thoroughfare to Downtown
  • Adjacent to Lowe’s | Near Walmart, Murphy USA, Discount Tires
  • Across Johnson-Sewell Ford/Lincoln Dealership Sales & Service
  • Located in Texas Hill Country & Gateway to Highland Lakes Area
  • Marble Falls hosts one of the largest drag boat races in the country
  • Small-town feel w/access to Big City Amenities | 1-HR NW of Austin
  • Austin’s Population Boom – Contributing Growth to Surrounding Towns
  • Marble Falls is part of Austin’s MSA | 3-Mile Avg HH Income: $63,822
  • Greater Austin (MSA) | Fastest Growing Metros in U.S | GDP $98.6B