1116 NE 10th St - Freestanding FOR SALE


Abilene, TX 79601- North Abilene
$2,500,000 USD
929-229-2614
1116 NE 10th St, Abilene, TX for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/10
null | 8.93% Cap Rate

1116 NE 10th St
Abilene, TX 79601
North Abilene


HIGHLIGHTS

  • 15+ Years Of Contractual Income | Currently Dark | Value-Add Opportunity | 2023 Remodel
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Just Off Signalized, Hard Corner Intersection | Interstate 20 | Shopping Center Outparcel | Excellent Visibility & Access
  • Abilene Named Flagship Site For $500B+ AI Infrastructure Project

OVERVIEW

• More than 15 years of remaining lease term with scheduled 2% annual rental increases provides fixed, contractually obligated income and steady NOI growth backed by the lease obligation itself • The property is currently dark, presenting a compelling value-add opportunity while continuing to benefit from long-term contractual rental income • Remodeled in 2023 as a modern urgent care facility with high-quality finishes and a functional medical build-out, positioning the space for continued medical use

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$980 USD /SF

CAP RATE

8.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dark Total Point Urgent Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

GR - General Retail

APN/PARCEL ID

99311

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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