318 E South 11th St - Office FOR SALE
Abilene, TX 79602 |
$836,822 USD
424-277-6755
318 E South 11th St
Abilene, TX 79602
HIGHLIGHTS
- E-Commerce & Recession-Resistant Property- Veterinary properties are extremely sought-after investments for their resistance to downturns in the econo
- Very Passive Lease Structure- There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and
- Inflation Protected Lease Structure- Lease features 2% annual increases throughout the lease term which provides a great hedge against inflation.
- Stable Long-Term Investment- Having ±7 years remaining on a NN lease makes this a very stable long term investment for both local and national investo
- Easy Access to Surrounding Market- This location is strategically located in the heart of Abilene, with a population of ±111,531 in the immediate area
- - The veterinary clinic is strategically positioned in between the cities of Lubbock, Odessa, and Fort Worth with roughly ±40,000 traffic count per da
OVERVIEW
Broker of Record
Kyle Matthews
License No. 678067 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Cameron Davodi, Andrew Evans, Michael Moreno, and Rahul Chhajed (In conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)
FOR SALE DETAILS
PRICE
$836,822 USD
PRICE/SF
$296 USD /SF
CAP RATE
8.53%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MISSION VETERINARY PARTNERS | 8.50% CAP
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
45204
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424-277-6755
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424-277-6755
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