4057 Loop 322 | Abilene, TX 79602
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- LoopNet Team
4057 Loop 322
Abilene, TX 79602
Stripes · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20 Year Absolute Triple Net (NNN) Lease – The Tenant Recently Extended the Lease an Additional 10 Years Showing Strong Commitment to the Location
- Annual Increases – Rent Increases of 1.75% Annually Provide a Strong Hedge Against Inflation
- Income Tax Free State – Texas is an Income Tax Free State
- Parent Company Investment Grade Credit – Sunoco’s General Partner, Energy Transfer Partners, Carries an Investment Grade Credit Rating of BBB- (S&P)
- Laredo Taco Company – Site Features the Well-Known Tex-Mex Brand Which Provides a Unique Traffic Driver
- Bonus/Accelerated Depreciation – C-Stores Typically Qualify For Bonus and Accelerated Depreciation Which Can Significantly Increase an Investor’s Cash
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,650 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.32 AC
Zoning
c
Parking
30 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
312’ on Loop 322
PROPERTY TAXES
| Parcel Number | 206390 | Improvements Assessment | $864,069 |
| Land Assessment | $259,335 | Total Assessment | $1,123,404 |
PROPERTY TAXES
Parcel Number
206390
Land Assessment
$259,335
Improvements Assessment
$864,069
Total Assessment
$1,123,404
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