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1390 Barrow St
Abilene, TX

Price: $2,136,000
Cap Rate: 5.15%
NOI: $110,000
Building Size: Approx. 2,301 Sq. Ft.
Lot Size: Approx. 0.55 Acres
Status: Sale Pending
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