2626 Enterprise Dr - Fast Food FOR SALE


Abilene, TX 79601- North Abilene
$1,980,000 USD
972-860-9950
2626 Enterprise Dr, Abilene, TX for Sale
$1,980,000 USD
Fast Food - FOR SALE
1/4
null | 5.85% Cap Rate

2626 Enterprise Dr
Abilene, TX 79601
North Abilene


OVERVIEW

Starbucks Recently Exercised their First of Four Options Periods – Ending 5/30/2031 with No Reduction in Rent There are 3 (5 Year) Options Remaining Each Option Period has 10% increase Every 5 Years – Providing NOI Growth & Hedge Against Inflation Approximately 3 Hotels within 1 mile of the Property totaling ~170 Rooms along the I-20 Corridor Closest Free Standing Drive Thru Starbucks is ~7 Miles Away 1 Mile from Abilene Christian University (ACU) with 6,000+ Students & Faculty - Supporting Daily Traffic and Constant Student Turnover Proximity to Major Data Center Infrastructure Investment – Located (9) miles from the 1,200-acre Vantage Data Centers “Frontier” campus, a $25B hyperscale development delivering 1.4 GW of capacity across 10 facilities (initial delivery 2026), driving significant construction activity, permanent jobs, and increased demand for housing and daily-needs retail. Located minutes to Hendrick Medical Center North – One of the Region’s Largest Employers and Healthcare Hubs Abilene MSA Population of 180,000+ with Continued Growth Supported by Dyess Air Force Base Traffic Counts along TX-351 Are 18,824 VPD and Interstate 20 are 23,937 VPD

FOR SALE DETAILS

PRICE

$1,980,000 USD

PRICE/SF

$990 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,999 SF

ZONING

-

APN/PARCEL ID

972960

ASK ABOUT THIS PROPERTY

Jason VitorinoSUMMIT REMore Info
972-860-9950

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Jason VitorinoSUMMIT REMore Info
972-860-9950

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