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33872076
33872075

1642 Musgrave Blvd, Abilene, TX 79601 For Sale

MM
TX # 570282
Paul Johnson & Associates
TS
TX 0641844
Paul Johnson & Associates
Listed by Paul Johnson & Associates
$750,000
111 days on market
Updated 24 days ago

1642 Musgrave Blvd

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,384
Units 1
Price per SqFt $315
Year Built 2009
Acreage 1.100
Zoning PDD
Investment Type Core+

Retail | 2,384 SqFt

Marketing description

For Sale or Lease / Northeast Abilene / Second Generation - QSR

High visibility and accessibility, along with ample parking, make it an attractive location in a high-growth area. Anchored by Lowe's Home Improvement, restaurants and hotels close in proximity such as Hooters, Chipotle, Whataburger, Chick Fil A, Starbucks, Towne Place Suites, Courtyard and Residence Inn Marroitt. the property offers attractive terms, making it an ideal investment for entrepreneurs seeking astrategic position in the market

1642 Musgrave boasts a 2,384 SF building, constructed in 2009 and zoned PD to accommodate retail or restaurant ventures. Its outstanding location offers exceptional visibility and access, nestled in a high-growth area with flourishing residential and commercial construction. Anchored by Lowe's Home Improvement, this property is the perfect canvas for a retail or restaurant investor seeking a strategic foothold in a thriving market in NE Abilene.

Access from I-20 / E Overland Trail to Musgrave Boulevard. Cross Access with Lowe's via Enterprise Drive. (Former Wendy's) Lowe's Home Improvement outparcel. Access reciprocal to the Lowe's parking lot. Entrance off of Musgrave Boulevard across from the Residence Inn and the newly constructed Towne Place Suites and Courtyard Inn, Combined 269 hotel rooms within 200' of the property. An additional 353 rooms within 300' to the west including Holiday Inn Express and Comfort Suites. The area is quickly developing. Master plan attached for future big box and strip development as Highway 351 is completely built up with no more available land for sale.

Investment highlights

  • For Sale / $750,000.00
  • For Lease / $3,775.00 Per Month + NNN's
  • Restaurant with Drive Thru
  • Zoned PDD
  • High visibility and accessibility
  • Located in a high-growth area
  • Ample parking
  • Located in Northeast Abilene
  • Attractive leasing terms
  • Residential & Commercial Construction Booming
  • Market: Abilene

Listing Contacts

MM
TX # 570282
Paul Johnson & Associates
TS
TX 0641844
Paul Johnson & Associates
Listed by Paul Johnson & Associates

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Additional Information

Name
Matt Muzechenko
License
# 570282
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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