Listed by Paul Johnson & Associates
$664,700
3650 N. 6TH Abiene
Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 12,685
Net Rentable (SqFt) 3,000
Units 3
Cap Rate 8.00%
NOI $53,176
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $52
Year Built 1958
Acreage 0.730
Zoning GR
Parking Spaces 24 spaces
Parking per 1,000 SqFt 1.89
Retail | 8.00% CAP | 12,685 SqFt
Marketing description
Strip center / 100% occupied restaurant & bar with two additional suites. 24+ parking spaces
Retail locations for lease located in central Abilene on N.6th Street. Large Parking Lot with Excellent Visibility located across the street from the Abilene Community Bank.
Investment highlights
- Retail Strip Center
- Excellent Investment Opportunity
- 100% Occupied
- Excellent retail location with (2) large open rooms & (2) ADA restrooms located at 3648 N.6th Street.
- Call Matthew Muzechenko or Tami Shifflett at 325-698-5661 for more information.
Listing Contacts
Listed by Paul Johnson & Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,176.00
$4,431.33/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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