Buffalo Gap Road - Retail FOR SALE


Abilene, TX 79606
$2,416,000 USD
214-960-2835
Buffalo Gap Road, Abilene, TX for Sale
$2,416,000 USD
Retail - FOR SALE
1/5
null | 6% Cap Rate

Buffalo Gap Road
Abilene, TX 79606


HIGHLIGHTS

  • Strong Location off the Intersection of Buffalo Gap Road & US Highway 83 with (93,000+ Combined Vehicles Per Day)
  • Primary Retail Corridor with 774,000+ SF of Retail at Neighboring Mall of Abilene, CrossRoads Shopping Center, & The Village at Buffalo Gap Road
  • Zero Landlord Responsibilities with Fee Simple Ownership
  • Proximity to Abilene Christian University (6,000+ Students & 208-Acres); Offering Over 70 Undergraduate Programs & 27 Graduate Programs
  • Abilene Ranked #15 Best Cities to Buy a House in America & #19 Lowest Cost of Living in America in 2024 by Niche

OVERVIEW

HTeaO is an absolute-NNN, corporate-leased single-tenant drive-thru asset located in the established West-Central Texas submarket of Abilene, Texas. The tenant has a new 15-year lease through March 2040, guaranteed by corporate entity TBevCo, LLC. Built in 2025, HTeaO is 2,000 square feet with a drive-thru, providing long-term residual value. This new lease offers passive ownership with zero landlord responsibilities and 10% rent escalations every 5 years, including each of the six 5-year renewal options. Neighboring retailers include McDonald’s, Exxon, First Bank of Texas, Chili’s, and Buffalo Wild Wings, among numerous other national credit retailers.

FOR SALE DETAILS

PRICE

$2,416,000 USD

PRICE/SF

$1,208 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HTeaO

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

F1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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Tim AxilrodSHOP CompaniesMore Info
214-960-2835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.