120 Grape St, Abilene, TX 79601
Updated 6-unit strip center on a high-traffic corner with new roof, HVAC, and fully occupied units.
Property Features for 120 Grape St
General Information
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Investment Insights
Based on property information with market context.
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
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 79601, TX
Market
Vacancy Rate% for Retail in South region