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3342-3392 Rebecca Ln
Abilene, TX 79606
Oak Park Shopping Center · Retail Property For Sale
PROPERTY FACTS
ABOUT 3342-3392 REBECCA LN , ABILENE, TX 79606
Marcus & Millichap is pleased to present the opportunity to acquire a stabilized 23,943-square foot, multi-tenant retail center in Abilene, Texas. The center is 100 percent occupied with a complementary mix of internet-resistant tenants, including KC Cleaners and Laundry, Polished Nails and Pedi Spa, Sanders Insurance Agency, Nikos Greek Gyros, Hamburger Restaurant, JoJo’s Boutique, Claude’s Barber Shop, La Popular Burrito Stop, Stogies Vapor Store, Life of Pie Bistro and Boutique, Hashi Teppanyaki, Little Panda, and H&H Beverage. Additional income is derived from a billboard lease with Reagan National Advertising. Seventy-two percent of the gross leasable area has modified gross leases, with the tenants paying fixed amounts for common area maintenance, taxes, and insurance, allowing for future upside potential in converting the leases to triple-net. Originally constructed in 1986, the building is situated on 2.4 acres.
PROPERTY TAXES
| Parcel Number | 34272 | Improvements Assessment | $1,123,038 |
| Land Assessment | $546,962 | Total Assessment | $1,670,000 |
PROPERTY TAXES
