The Landing On Lake Marble Falls

Price: $5,557,000
Sq. Ft.: 20,240
Cap Rate: 6.58%
Built: 2007

The Landing on Lake Marble Falls is a 20,240-square-foot, multi-tenant retail center located in the heart of the Texas Hill Country in Marble Falls, Texas. The center is 98 percent occupied and 94 percent of the gross leasable area has triple-net leases. The offering is comprised of of two buildings; one multi-tenant, two story building and one single-tenant building. The tenant base is a complementary mix of retail, office, and medical tenants including Merrill Lynch, Edward Jones, Lakeside Children’s Dentistry, IP Prime Management, Brink Bennett Flaherty, PLLC, Simply Viet House, Creative Roots Salon, Nail Lounge, LFS Technologies, Beltone, Bank of America, Jamail Development Group, and Tyler Dunkelberger. The center was constructed in 2007 and is situated on a 1.66-acre parcel.

  • 20,240-Square-Foot, Multi-Tenant Retail Center
  • 94% Occupied | 89% of the Gross Leasable Area has Triple-Net Leases
  • Upside Potential in Leasing the Vacant Space and Converting All Leases to Gross
  • Comprised of Two Buildings | Building One is a Two-Story Building Totaling 15,680
    Square Feet | Building Two is a Single-Tenant Building Leased to Lakeside Children’s Dentistry
  • Tenant Base is a Complementary Mix of Retail, Office, and Medical Tenants
  • Located on US Highway 281 | High Traffic Counts of 28,100 Vehicles per Day
  • Close Proximity to Historic Downtown & Proposed Hilton Hotel and Conference Center
  • Surrounding Area has Many Local Restaurants and Retailers | One Block from the Colorado River
  • Marble Falls is Located in the Heart of the Texas Hill Country on the Banks of Lake Marble Falls
  • Serves a Trade Area Population of Approximately 75,100 People
  • Home to Two Post-Secondary Institutions, Texas Tech University at Highland Lakes and
    Central Texas College – Marble Falls