Map of Property

Walgreens

For Sale

1211 US Highway 281, Marble Falls, TX 78654

This Marble Falls property for sale is located at 1211 US Highway 281. The current listed sale price for Walgreens is $4,775,000. Walgreens is situated on a lot that is 2.23 acre in size.

Contacts

broker

Danny Samona

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 14,820 SF
  • Lot Size 2.23 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2005
  • Date Updated Nov 14, 2024
Marble Falls is a city in Burnet County, Texas, United States. It is about 58 miles (93 km) northwest of downtown Austin and 85 miles (137 km) north of San Antonio. Lake Marble Falls is part of the Highland Lakes on the Colorado River, the largest chain of lakes in Texas. It hosts one of the largest drag boat races in the United States each August. Marble Falls was founded in 1887 by Adam Rankin Johnson, a former Indian fighter and Confederate general, known as "Stovepipe" Johnson for his Civil War escapades, which included duping the Union army in Newburgh, Indiana, with fake "cannons," constructed from stovepipes and wagon wheels. Johnson had viewed the natural Marble Falls during his pre-war days as a Burnet County surveyor, and had dreamed of building an industrial city, powered by the tumbling Colorado River, not to be confused with the river of the same name in Colorado and Arizona. Despite a "friendly fire" incident which blinded him near the end of the Civil War, General Johnson followed through with his dream, facilitating the construction of a railroad to nearby Granite Mountain in 1884, then (with ten partners, including one son, one nephew and two sons-in-law) platting the townsite and selling lots, beginning July 12, 1887. Johnson built a fine home, a college (soon to be home of the "Falls on the Colorado Museum") and a large factory near the falls. The town grew to a population of 1,800 within ten years..

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Highlights

  • 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

Getting around

  • 63/100

    Walk Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Marble Falls, TX
  • Zip Code 78654

Points of Interest

  • Exxon

    0.07 miles

  • Texaco

    0.24 miles

  • Valero

    0.35 miles

  • H-E-B Fuel

    0.36 miles

  • Big Daddy's Shell

    0.53 miles

  • Major Brand

    0.61 miles

  • Shell

    0.78 miles

  • Wendy's

    0.05 miles

  • Whataburger

    0.07 miles

  • Bella Sera

    0.08 miles

  • Papa Murphy's

    0.15 miles

  • Sonic

    0.17 miles

  • DQ Grill & Chill

    0.17 miles

  • Pizza Hut

    0.18 miles

  • Doc's Fish Camp & Grill

    0.22 miles

  • Margarita's Mexican

    0.25 miles

  • Thai Niyom

    0.27 miles

  • H-E-B

    0.44 miles

  • Ross

    1.10 miles

  • Walmart Supercenter

    1.23 miles

  • Jamail's

    7.79 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Danny Samona

Encore Real Estate Investment Services