Leased Retail and Industrial
For Sale
$2,000,000
2601 E Highway 80, Abilene, TX 79601
Two-building commercial property is 100% leased, pairing retail space with industrial space under separate tenant occupancy.
Property Size16,555 SF
Lot Size7.50 Acres
Price / SF$120.81
Days on Market97
Property Features for 2601 E Highway 80
General Information
Standard status
Active
Size
16,555 SF
Lot size
7.50 Acres
Property subtype
Industrial - Manufacturing
Occupancy
100%
Building Details
Building Size
16,555 SF
Year Built
1978
Year Renovated
2025
Units
2
Tenancy
Multi
Listing Agency:
Moriah Brokerage Services
Listed By:
Jack Oduro
(512) 977-8596
Source:
Commercialcafe
Added: Jun 3
Changed: Sep 5
Last Checked: Sep 7 at 5:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moriah Brokerage Services
Investment Insights
Based on property information with market context.
This for-sale investment property includes two separate buildings totaling 16,555 square feet of improvements. The front building offers 4,460 square feet of retail space, while the second building provides 12,095 square feet of industrial space. The site spans approximately 7.5 acres and is currently 100% leased, with both buildings occupied by established tenants, including a national industrial tenant.
The property is located at a signalized intersection along Highway 80 and Loop 322 in Abilene, Texas, providing direct access to the corridor. With two distinct occupancies on one site, the layout supports operational separation between the retail and industrial uses while keeping the ownership and management structure consolidated.
For buyers seeking a fully occupied, two-tenant setup, this asset offers diversification across retail and industrial space within the same property. Tenant continuity is supported by long-term lease commitments cited in the offering materials. The combination of a retail frontage building and a larger industrial facility also allows prospective owners to consider future leasing flexibility as tenant needs evolve over time.
The property is located at a signalized intersection along Highway 80 and Loop 322 in Abilene, Texas, providing direct access to the corridor. With two distinct occupancies on one site, the layout supports operational separation between the retail and industrial uses while keeping the ownership and management structure consolidated.
For buyers seeking a fully occupied, two-tenant setup, this asset offers diversification across retail and industrial space within the same property. Tenant continuity is supported by long-term lease commitments cited in the offering materials. The combination of a retail frontage building and a larger industrial facility also allows prospective owners to consider future leasing flexibility as tenant needs evolve over time.
Key Highlights
- Two‑building commercial investment at the signalized intersection of Highway 80 and Loop 322 in Abilene, Texas
- 100% leased with two established tenants and diversified income from retail and industrial spaces
- Total of 16,555 SF of improvements on approximately 7.5 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$140,731
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,814,620
$2.8M
Cap Rate 7%
$2,010,443
$2.0M
Cap Rate 9%
$1,563,678
$1.6M
Market Conditions
NOI Build-Up for 16,555 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$218.5K $13.20/SF
− Vacancy
−$17.5K −$1.06/SF
EGI
$201.0K $12.14/SF
− OpEx
−$60.3K −$3.64/SF
NOI
$140.7K $8.50/SF
Area
Abilene, TX
Vacancy
8.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,814,620
Cap Rate 7%
$2,010,443
Cap Rate 9%
$1,563,678
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.35M
NOI $140,731 @ 7.0% cap · market cap 7.04%
Second Best
Warehouse
$1.73M
$1.51M – $2.02M
NOI $120,947 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$3.70M
$3.23M – $4.31M
NOI $258,735 @ 7.0% cap · market cap 12.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79601, TX
26,515
Population
9,422
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
84%
High-School Grad
263.0 sq mi
ZIP Area
101
Density / Sq Mi
$54,515
Median Household Income
$24,704
Median Earnings
$988
Median Rent
$182,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Two-building commercial property is 100% leased, pairing retail space with industrial space under separate tenant occupancy.
Where is this warehouse located?
The property is located at 2601 E Highway 80 Abilene, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two‑building commercial investment at the signalized intersection of Highway 80 and Loop 322 in Abilene, Texas; 100% leased with two established tenants and diversified income from retail and industrial spaces; Total of 16,555 SF of improvements on approximately 7.5 acres
