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3101 S 27th St 3,749 SF Office Building Abilene, TX 79605 $850,000 ($226.73/SF) 7.06% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupancy with Regional Urgent Care Operator with Multiple Locations
- Corner Lot at Signalized Intesection; Acces from Three Adjacent Roads
- NNN lease with 2.5% Annual Rent Increases
EXECUTIVE SUMMARY
NNN investment opportunity with a medical user. Fully leased to Vital Care Urgent Care through 9/30/2029 with a 5-year renewal option, offering reliable cash flow. Excellent location for both medical and retail uses in the future.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
3,749 SF
Building Class
C
Year Built
1984
Price
$850,000
Price Per SF
$226.73
Cap Rate
7.06%
NOI
$59,984
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,749 SF
Building FAR
0.16
Lot Size
0.53 AC
Zoning
O - Office - Section 2.3.3.3: The Office (O) District is intended to encourage office development of high quality in a general noncommercial environment
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Vital Care Urgent Care
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Vital Care Urgent Care | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 10884 | Improvements Assessment | $1,210,519 |
| Land Assessment | $121,481 | Total Assessment | $1,332,000 |
PROPERTY TAXES
Parcel Number
10884
Land Assessment
$121,481
Improvements Assessment
$1,210,519
Total Assessment
$1,332,000
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3101 S 27th St
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