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Investment Highlights

  • 15+ Years Of Contractual Income | Currently Dark | Value-Add Opportunity | 2023 Remodel
  • Just Off Signalized, Hard Corner Intersection | US Highway 277 | Surrounding Retailers | Excellent Visibility & Access
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Abilene Named Flagship Site For $500B+ AI Infrastructure Project

Executive Summary

• 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

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
$3,461,400 CAD
Price Per SF
$1,308.16 CAD
Cap Rate
8.93%
NOI
$309,107 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
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

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

Property Taxes

Property Taxes

Parcel Number
16820
Land Assessment
$142,860 CAD
Improvements Assessment
$2,888,137 CAD
Total Assessment
$3,030,997 CAD
  • Listing ID: 29889332

  • Date on Market: 2023-10-26

  • Last Updated:

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

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