Walgreens | 1211 US Highway 281
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Walgreens 1211 US Highway 281
14,820 SF Retail Building Marble Falls, TX 78654 £3,809,734 (£257/SF) 7.33% Net Initial Yield
Investment Highlights
- High Performing Location
- Absolute NNN Lease Structure | Zero Landlord Responsibilities
- Ten (10) 5-Year Options
- Located at an Excellent Main on Main Signalized Intersection w/minimal competition
- 5.75 Years Remaining on an Original 25 Year Term
- Highly Visible w/ Traffic Counts Exceeding 31,500 Vehicles Per Day on Highway 281
Executive Summary
High Performing Location
Located at an Excellent Main on Main Signalized Intersection w/minimal competition
Absolute NNN Lease Structure | Zero Landlord Responsibilities 5.75 Years Remaining on an Original 25 Year Term
Standalone Walgreens Drive Thru Out Parcel to Home Depot
Ten (10) 5-Year Options
Corporate Guarantee by Walgreens
Highly Visible w/ Traffic Counts Exceeding 31,500 Vehicles Per Day on Highway 281
Tax Free Income State
Located at an Excellent Main on Main Signalized Intersection w/minimal competition
Absolute NNN Lease Structure | Zero Landlord Responsibilities 5.75 Years Remaining on an Original 25 Year Term
Standalone Walgreens Drive Thru Out Parcel to Home Depot
Ten (10) 5-Year Options
Corporate Guarantee by Walgreens
Highly Visible w/ Traffic Counts Exceeding 31,500 Vehicles Per Day on Highway 281
Tax Free Income State
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2005
Price
£3,809,734
Price Per SF
£257
Net Initial Yield
7.33%
NOI
£279,248
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
2.23 AC
Zoning
C-3 General Commercial
Parking
66 Spaces (4.45 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 71562 | Improvements Assessment | £1,096,502 |
| Land Assessment | £1,046,271 | Total Assessment | £2,142,773 |
PROPERTY TAXES
Parcel Number
71562
Land Assessment
£1,046,271
Improvements Assessment
£1,096,502
Total Assessment
£2,142,773
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Walgreens | 1211 US Highway 281
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.