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Strickland Brothers | Abilene, TX 3850 Catclaw Dr 1,721 SF Retail Building Abilene, TX 79606 $2,060,000 ($1,196.98/SF) 6.75% Cap Rate
Investment Highlights
- Strong Unit-Level Financials (Contact Broker for More Information)
- 12+ Year Lease Term Remaining With Four 5-Year Options
- 250+ Locations Across 27 States in the U.S.
- Absolute NNN Lease With Zero Landlord Responsibilities
- Fee-Simple Investment – Land and Building (Consult an Accountant About Bonus Depreciation Opportunities)
- Recent Capital Infusion From Princeton Equity Group, a Leading Franchise and Multi-Unit Private Equity Firm
Executive Summary
Absolute NNN 15-Year Lease | 250+ Systemwide Units | Strong Unit-Level Financials
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,721 SF
Year Built
2023
Price
$2,060,000
Price Per SF
$1,196.98
Cap Rate
6.75%
NOI
$139,050
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.86 AC
Frontage
137’ on CATCLAW DR
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Strickland Brothers
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Strickland Brothers | Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1086233 | Improvements Assessment | $1,787,998 |
| Land Assessment | $279,002 | Total Assessment | $2,067,000 |
Property Taxes
Parcel Number
1086233
Land Assessment
$279,002
Improvements Assessment
$1,787,998
Total Assessment
$2,067,000
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Strickland Brothers | Abilene, TX | 3850 Catclaw Dr
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