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Total Point Urgent Care 125 S Pioneer Dr 2,646 SF Retail Building Abilene, TX 79605 $4,129,792 CAD ($1,560.77 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand-New 20-Year Lease | Options To Extend | Strong Guarantee | 2% Annual Rental Increases | Fast Growing Operator
  • Off Signalized, Hard Corner Intersection | Interstate 20 | Surrounding Retailers | Excellent Visibility & Access
  • Average Household Income of $67,087
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
  • 102,000 residents and 54,000 employees in the trade area

EXECUTIVE SUMMARY

• Brand-new 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is guaranteed by Rocinate Equity Inc., dba Elysian Capital, a UK based private equity firm, seeking companies with aspirational management who are open to unlock their full potential
• There are 2% annual rental increases throughout the initial term and each option period, growing NOI and hedging against inflation
• Newly redeveloped urgent care facility offering imaging services such as on-site x-rays and labs
• Total Point is a rapidly growing medical service provider with urgent cares, imaging, emergency rooms and hospitals across Texas and Arizona

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,646 SF
Building Class
B
Year Built/Renovated
1982/2023
Price
$4,129,792 CAD
Price Per SF
$1,560.77 CAD
Cap Rate
7.25%
NOI
$299,386 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.79 AC
Zoning
GC - General Commercial
Parking
38 Spaces (14.36 Spaces per 1,000 SF Leased)
Frontage
190’ on Pioneer Dr

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Total Point Urgent Care
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Total Point Urgent Care Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Bush's Chicken
Jazzercise
Sam's Southern Eatery
Taco Bueno
Chase Bank
CrossFit
United Supermarkets
Red Lobster

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16820
Land Assessment
$145,468 CAD
Improvements Assessment
$2,816,063 CAD
Total Assessment
$2,961,531 CAD
  • Listing ID: 29889332

  • Date on Market: 2023-10-26

  • Last Updated:

  • Address: 125 S Pioneer Dr, Abilene, TX 79605

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