Listed by Paul Johnson & Associates
$750,000
1642 Musgrave Blvd
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
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
Listed by Paul Johnson & Associates
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Is there information that looks off?






















