2701, 2703, & 2704A Commerce St. Marble Falls, TX

Matador acquired this property in September 2023, an opportunity sourced through a local broker. The unique topography of the area, combined with stringent zoning regulations, creates challenges for industrial development and sets a high barrier to entry. Upon closing, this asset was fully tenanted, with all leases set to expire by the end of 2023. All but one tenant vacated the premises, but our team is working diligently to achieve full occupancy. We reconfigured the 2703 building into 5 suites, each measuring 1,500 SF, equipped with one private bathroom and 1-2 grade-level doors. This reconfiguration has sparked increased interest and more property tours. In May 2024, we executed a lease for the entire 2701 building, totaling 16,000 SF.

• Size: 28,500 SF

• Land: 1.81 AC

• Tenant Type: Multi