Smithson Retail Center 609 US Highway 281 3,800 SF 100% Leased Retail Building Marble Falls, TX 78654 For Sale 6.68% Cap Rate

Turcotte Real Estate Services is pleased to present to qualified investors the opportunity to acquire the fee simple interest of the Smithson Retail Center, a ±3,800 square foot two-tenant retail strip center located at 609 US Hwy 281, Marble Falls, TX.
The Smithson Retail Center completed construction in 2015 and is 100% leased to a complimentary mix of medical-based businesses. This opportunity will provide investors risk adjusted yields and potential for immediate cash flow, in one of the most desirable markets in the country.
Area development includes Medical Office, Office, Retail, Banks, Restaurants, Hotels and residential homes. There is good access to Austin and San Antonio, TX via US Hwy 281 & Hwy 290 or Hwy 71. This prominent and growing retail corridor is situated along US Hwy 281 and has become a hotspot for development.
The city of Marble Falls is in Burnet County Texas, a rapidly growing submarket of Austin. Marble Falls is experiencing significant growth, with an estimated population of 9,783 in 2024, and a 13% increase in population from 2022, driven by factors like its location in the Texas Hill Country and its status as a bedroom community for Austin.