Walgreens

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

Description

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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.