1390 Barrow St
Abilene, TX
Price:
$2136000
Cap Rate:
5.15%
NOI:
$110,000
Building Size:
Approx. 2301 Sq. Ft.
Lot Size:
Approx. 0.55 Acres
Sub Category:
QSR
Year Built:
2018
Investment Overview
- 2018 Construction. 2,301+/- SF Building on .55+/- Acre Site
- New 10 Yr Corp Lease w/ 10% Rent Bumps Every 5 Yrs
- RELO – from a high performing Non Drive-Thru Location
- Located along 14th St (23K VPD) & Barrow St (17K VPD)
- Across H-E-B | Near Taco Bell, 7-Eleven, McDonalds, UPS
- Walking Distance to McMurry University (1,073 Students)
- Economic Dev Growing | Pop increase due to more jobs
- Abilene MSA #2 in Texas “Best Small Place for Careers”
- Major Employers: Dyess Air Force | Hendrick Health Sys.
- 3-Mile Est Pop: 70,867 | 1-Mile Avg HH Income: $64,460
- Abilene is earthly centered in TX & 180-Miles W of DFW