120 Grape St Abilene, TX 79601

Listing agency White Buffalo Property Solutions LLC

Listed by Kyle Tamez · License #TX 0616455

Source Crexi

Added: Apr 11 Updated: Jul 21 at 3:54AM Checked: Jul 21 at 3:54AM

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Investment Insights

Based on property information with market context.

Broker-owner offering a 9,660-square-foot strip center with six retail units ranging from 600 to 3,200 square feet. The property was updated with new improvements throughout in 2022 and 2023, including a new roof, new HVAC, new indoor plumbing, main drain line, and a lift station, along with new asphalt paving, awnings, windows, paint, and lighting. Each unit is upgraded to all-electric service with new panel boxes, and gas remains available on site.

Located at 120 Grape St in Abilene, the center sits on a large open lot that is nearly one acre and is positioned on a high-traffic corner with a Lamar sign that generates extra revenue yearly. The property is adjacent to a fire station that serves as headquarters for the city. Nearby businesses include Station 1 event venue, Sonic Drive-In, Insurance Mart, N-Tune Music, Tire Repair, a car lot, Red Cross, and various non-profits.

All six units are fully occupied on three-year leases with built-in yearly increases.

Key Highlights

• 9660 SF strip center on a high‑traffic corner just outside downtown, across from the Abilene Heritage Square project
• 6 fully occupied units ranging from 600 SF to 3200 SF, each on 3‑year leases with built‑in yearly increases
• Significantly updated in 2022‑2023: new roof, new HVAC, new indoor plumbing, main drain line and lift station

Property Analytics

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FAQs

What type of property is this?

Strip mall - Updated 6-unit strip center on a high-traffic corner with new roof, HVAC, and fully occupied units.

Where is this strip mall located?

The property is located at 120 Grape St Abilene, TX.

What are key features of this property?

This property features: 9660 SF strip center on a high‑traffic corner just outside downtown, across from the Abilene Heritage Square project; 6 fully occupied units ranging from 600 SF to 3200 SF, each on 3‑year leases with built‑in yearly increases; Significantly updated in 2022‑2023: new roof, new HVAC, new indoor plumbing, main drain line and lift station