Abilene Shopping Center

Highlights

• - 14,233 SF modern retail building
• - 8 retail units for diverse investment opportunities
• - Constructed in 2020 for contemporary appeal
• - Zoned specifically for retail use
• - Prime location in the vibrant Abilene area
• - Currently at a 100% occupancy rate
• - Potential for increased tenancy and rental income
• - Ideal for retail or street retail investment opportunities

Description

Explore the unparalleled investment potential of this 14,223-square foot multi-tenant retail center in the heart of Abilene's bustling retail trade area. Shadow-anchored by Burlington, Academy, and Petco, with a new Panera Bread adjacent to the center, this property boasts 100% occupancy with all leases being triple-net. The complementary mix of internet-resistant tenants and the presence of credit tenants in 84% of the gross leasable area make this an attractive investment. Built in 2020, this newer construction enjoys high traffic from retail giants like The Home Depot, Sam's Club, Lowe's Home Improvement, Walmart, and numerous restaurants, with approximately 50,000 vehicles passing by daily. The property offers easy accessibility from multiple ingress and egress points and is situated in a vibrant retail hub with the added advantage of being in close proximity to three universities. This property is an exceptional opportunity for investors seeking a strong foothold in the thriving Abilene retail market.

Discover the prime retail potential of this extremely dense retail corridor in Abilene, TX, 79606. With cross-access to T.J. Max and adjacency to multiple shopping centers including the Shops at Abilene and Park Central Shopping Center, this location provides exceptional exposure to major tenants such as Ross Dress for Less, Michaels, Dollar Tree, and more. Additionally, the nearby Mall of Abilene, anchored by JC Penny, Best Buy, and Dillard's, adds to the area's high consumer traffic. Conveniently situated just off Winters Freeway with excellent visibility and freeway frontage, this site benefits from strong demographics, boasting over 103,000 residents and nearly 52,000 employees in the 5-mile trade area, with an average household income of over $65,000. Pad to Burlington and Academy Sports, along with large pylon signs, further enhance visibility and promote crossover shopping, making this location a compelling investment opportunity.