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31686168
31084774

2626 Enterprise Dr, Abilene, TX 79601 For Sale

AG
TX TX 636961
Summit Real Estate
JB
TX 842939
Summit Real Estate
Listed by Summit Real Estate
$1,935,000
124 days on market
Updated 44 days ago

Starbucks

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,000
Cap Rate 5.99%
NOI $115,858
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN
Remaining Term 5
Price per SqFt $968
Year Built 2016
Buildings 1
Stories 1
Acreage 0.950

Pad to Walmart | Lease Just Extended in 1st Option | Low Rent

Investment highlights

Starbucks Recently Exercised their First of Four Options Periods – Ending 5/30/2031 with No Reduction in Rent There are 3 (5 Year) Options Remaining

Each Option Period has 10% increase Every 5 Years – Providing NOI Growth & Hedge Against Inflation

Approximately 3 Hotels within 1 mile of the Property totaling ~170 Rooms along the I-20 Corridor

Closest Free Standing Drive Thru Starbucks is ~7 Miles Away

1 Mile from Abilene Christian University (ACU) with 6,000+ Students & Faculty - Supporting Daily Traffic and Constant Student Turnover

Proximity to Major Data Center Infrastructure Investment – Located (9) miles from the 1,200-acre Vantage Data Centers “Frontier” campus, a $25B hyperscale development delivering 1.4 GW of capacity across 10 facilities (initial delivery 2026), driving significant construction activity, permanent jobs, and increased demand for housing and daily-needs retail.

Located minutes to Hendrick Medical Center North – One of the Region’s Largest Employers and Healthcare Hubs

Abilene MSA Population of 180,000+ with Continued Growth Supported by Dyess Air Force Base

Traffic Counts along TX-351 Are 18,824 VPD and Interstate 20 are 23,937 VPD

Listing Contacts

AG
TX TX 636961
Summit Real Estate
JB
TX 842939
Summit Real Estate
Listed by Summit Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$115,858.00
$9,654.83/mo

Valuation Metrics

0
DSCR
5.99%
Cap Rate
5.99%
ROI

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Additional Information

Name
Adam Gottschalk
License
TX 636961
Brokerage Phone
4691234567
Name
John Brewer
License
842939
Brokerage
Summit RE
Brokerage Phone
9728609970
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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