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602 Steve Hawkins Pky 5,094 SF Retail Building Marble Falls, TX 78654 $3,500,000 ($687.08/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Waterview property with HWY 281 frontage
  • All high end finishes throughout for a luxury experience
  • Renovated luxury office/retail space in 2023

EXECUTIVE SUMMARY

This stunning waterview property with prime Highway 281 frontage offers a rare opportunity to own a recently renovated, luxury office or retail space that blends elegance, functionality, and high visibility. Thoughtfully designed and meticulously maintained, the building features multiple deck and porch areas, perfect for breaks, client meetings, or simply enjoying the scenic surroundings. The exterior is fully landscaped, beautifully lit, and equipped with security and integrated sound, creating a welcoming and secure environment day and night.
Step through the elegant double door entry into a professional reception area, setting the tone for the sophisticated interior that follows. Inside, you'll find men’s and women’s restrooms complete with modern water fountains and bottle fillers, as well as a full bathroom with shower and a dedicated laundry room on the lower level. Warmth and character are added with a wood-burning or gas fireplace, perfect for creating a comfortable and inviting atmosphere.
The space offers versatile layouts, including multiple conference rooms, built-in workstations, private offices, and abundant storage areas to suit a wide range of business needs. A dedicated kitchen area and two coffee bar-style kitchenettes provide convenient options for staff and guest refreshments. This property combines high-end finishes with thoughtful amenities in a scenic, highly accessible location—ideal for businesses seeking a luxurious, functional, and impressionable space to call home.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,094 SF
Building Class
B
Year Built/Renovated
1995/2023
Price
$3,500,000
Price Per SF
$687.08
Cap Rate
5%
NOI
$175,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.83 AC
Zoning
GC
Parking
47 Spaces (9.23 Spaces per 1,000 SF Leased)
Frontage
276’ on Steve Hawkins Parkway

AMENITIES

  • 24 Hour Access
  • Conferencing Facility
  • Freeway Visibility
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Waterfront
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Balcony
  • Smoke Detector

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Highpoint Insurance
  • Finance and Insurance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Highpoint Insurance Finance and Insurance 99,999 SF - Lorem Ipsum -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 1,248 SF
  • Office/Retail
  • -
  • Now

This stunning waterview property with prime Highway 281 frontage offers a rare opportunity to lease a recently renovated, luxury office or retail space that blends elegance, functionality, and high visibility. Thoughtfully designed and meticulously maintained, the building features multiple deck and porch areas, perfect for breaks, client meetings, or simply enjoying the scenic surroundings. The exterior is fully landscaped, beautifully lit, and equipped with security and integrated sound, creating a welcoming and secure environment day and night. Step through the elegant double door entry into a professional reception area, setting the tone for the sophisticated interior that follows. Inside, you'll find men’s and women’s restrooms complete with modern water fountains and bottle fillers, as well as a full bathroom with shower and a dedicated laundry room on the lower level. Warmth and character are added with a wood-burning or gas fireplace, perfect for creating a comfortable and inviting atmosphere. The space offers versatile layouts, including multiple conference rooms, built-in workstations, private offices, and abundant storage areas to suit a wide range of business needs. A dedicated kitchen area and two coffee bar-style kitchenettes provide convenient options for staff and guest refreshments. This property combines high-end finishes with thoughtful amenities in a scenic, highly accessible location—ideal for businesses seeking a luxurious, functional, and impressionable space to call home.

  • 2nd Floor
  • 3,846 SF
  • Office/Retail
  • -
  • Now

This stunning waterview property with prime Highway 281 frontage offers a rare opportunity to lease a recently renovated, luxury office or retail space that blends elegance, functionality, and high visibility. Thoughtfully designed and meticulously maintained, the building features multiple deck and porch areas, perfect for breaks, client meetings, or simply enjoying the scenic surroundings. The exterior is fully landscaped, beautifully lit, and equipped with security and integrated sound, creating a welcoming and secure environment day and night. Step through the elegant double door entry into a professional reception area, setting the tone for the sophisticated interior that follows. Inside, you'll find men’s and women’s restrooms complete with modern water fountains and bottle fillers, as well as a full bathroom with shower and a dedicated laundry room on the lower level. Warmth and character are added with a wood-burning or gas fireplace, perfect for creating a comfortable and inviting atmosphere. The space offers versatile layouts, including multiple conference rooms, built-in workstations, private offices, and abundant storage areas to suit a wide range of business needs. A dedicated kitchen area and two coffee bar-style kitchenettes provide convenient options for staff and guest refreshments. This property combines high-end finishes with thoughtful amenities in a scenic, highly accessible location—ideal for businesses seeking a luxurious, functional, and impressionable space to call home.

Space Size Space Use Position Available
1st Floor 1,248 SF Office/Retail - Now
2nd Floor 3,846 SF Office/Retail - Now

1st Floor

Size
1,248 SF
Space Use
Office/Retail
Position
-
Available
Now

2nd Floor

Size
3,846 SF
Space Use
Office/Retail
Position
-
Available
Now

1st Floor

Size 1,248 SF
Space Use Office/Retail
Position -
Available Now

This stunning waterview property with prime Highway 281 frontage offers a rare opportunity to lease a recently renovated, luxury office or retail space that blends elegance, functionality, and high visibility. Thoughtfully designed and meticulously maintained, the building features multiple deck and porch areas, perfect for breaks, client meetings, or simply enjoying the scenic surroundings. The exterior is fully landscaped, beautifully lit, and equipped with security and integrated sound, creating a welcoming and secure environment day and night. Step through the elegant double door entry into a professional reception area, setting the tone for the sophisticated interior that follows. Inside, you'll find men’s and women’s restrooms complete with modern water fountains and bottle fillers, as well as a full bathroom with shower and a dedicated laundry room on the lower level. Warmth and character are added with a wood-burning or gas fireplace, perfect for creating a comfortable and inviting atmosphere. The space offers versatile layouts, including multiple conference rooms, built-in workstations, private offices, and abundant storage areas to suit a wide range of business needs. A dedicated kitchen area and two coffee bar-style kitchenettes provide convenient options for staff and guest refreshments. This property combines high-end finishes with thoughtful amenities in a scenic, highly accessible location—ideal for businesses seeking a luxurious, functional, and impressionable space to call home.

2nd Floor

Size 3,846 SF
Space Use Office/Retail
Position -
Available Now

This stunning waterview property with prime Highway 281 frontage offers a rare opportunity to lease a recently renovated, luxury office or retail space that blends elegance, functionality, and high visibility. Thoughtfully designed and meticulously maintained, the building features multiple deck and porch areas, perfect for breaks, client meetings, or simply enjoying the scenic surroundings. The exterior is fully landscaped, beautifully lit, and equipped with security and integrated sound, creating a welcoming and secure environment day and night. Step through the elegant double door entry into a professional reception area, setting the tone for the sophisticated interior that follows. Inside, you'll find men’s and women’s restrooms complete with modern water fountains and bottle fillers, as well as a full bathroom with shower and a dedicated laundry room on the lower level. Warmth and character are added with a wood-burning or gas fireplace, perfect for creating a comfortable and inviting atmosphere. The space offers versatile layouts, including multiple conference rooms, built-in workstations, private offices, and abundant storage areas to suit a wide range of business needs. A dedicated kitchen area and two coffee bar-style kitchenettes provide convenient options for staff and guest refreshments. This property combines high-end finishes with thoughtful amenities in a scenic, highly accessible location—ideal for businesses seeking a luxurious, functional, and impressionable space to call home.

NEARBY MAJOR RETAILERS

Starbucks
Prosperity Bank
Chili's Grill & Bar
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15126
Land Assessment
$333,942
Improvements Assessment
$1,001,489
Total Assessment
$1,335,431
  • Listing ID: 35934226

  • Date on Market: 5/21/2025

  • Last Updated:

  • Address: 602 Steve Hawkins Pky, Marble Falls, TX 78654

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