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Dark Total Point Urgent Care 1116 NE 10th St 2,551 SF Retail Building Abilene, TX 79601 $2,500,000 ($980.01/SF) 8.93% Cap Rate



Investment Highlights
- 15+ Years Of Contractual Income | Currently Dark | Value-Add Opportunity | 2023 Remodel
- Just Off Signalized, Hard Corner Intersection | Interstate 20 | Shopping Center Outparcel | 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
• 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
Building Size
2,551 SF
Building Class
B
Year Built/Renovated
1999/2023
Price
$2,500,000
Price Per SF
$980.01
Cap Rate
8.93%
NOI
$223,253
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.68 AC
Zoning
GR - General Retail
Parking
40 Spaces (15.68 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Your Choice Healthcare, LLC
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Your Choice Healthcare, LLC | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 99311 | Improvements Assessment | $2,030,179 |
| Land Assessment | $170,821 | Total Assessment | $2,201,000 |
Property Taxes
Parcel Number
99311
Land Assessment
$170,821
Improvements Assessment
$2,030,179
Total Assessment
$2,201,000
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