3015 N US Highway 281 | Marble Falls, TX 78654
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- LoopNet Team
3015 N US Highway 281
Marble Falls, TX 78654
SpeeDee Oil Change & Auto Service · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Back Tenant – Corporate backed lease of over 300 units by Grease Monkey International.
- Tax Free State – Texas is one of 9 income tax free states.
- E-Commerce and Pandemic Resistant – The car wash industry has thrived despite the presence of E-Commerce and COVID-19.
- Scheduled Rental Increases – 2% annual increases provide a future owner with a boost in cash flow and return on their investment
- Strong Surrounding Retail – Strategically positioned next to large national tenants such as Lowe’s Home Improvement, Walmart Supercenter
- Special Tax Advantage – Accelerated Depreciation – Car Washes present accelerated depreciation opportunities for tax savings
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
10,345 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.68 AC
Zoning
REAL COMMERCIAL (F1) - Auto Repair and Carwash
Parking
40 Spaces (6.4 Spaces per 1,000 SF Leased)
Frontage
75’ on Hwy 281
PROPERTY TAXES
| Parcel Number | 55372 | Improvements Assessment | $928,897 |
| Land Assessment | $1,097,712 | Total Assessment | $2,026,609 |
PROPERTY TAXES
Parcel Number
55372
Land Assessment
$1,097,712
Improvements Assessment
$928,897
Total Assessment
$2,026,609
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