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Street Retail Space Near Walmart
New
For Lease
$25.71 SF/Yr

1638 Hwy 351, Abilene, TX 79601

Retail storefront available on Hwy 351, positioned in front of Walmart and adjacent to Chili’s and Dairy Queen.

Days on Market5

Property Features for 1638 Hwy 351

General Information

Standard status Active
Property subtype Retail - Street Retail
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 1,500 SF
Year Built 2006
Listing Agency: Paul Johnson & Associates
Listed By: Matthew Muzechenko · License ##570282
Source: Commercialcafe
Added: Jul 26 Changed: Jul 27 Last Checked: Jul 30 at 2:29AM

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 Paul Johnson & Associates

Investment Insights

Based on property information with market context.

This for-lease street retail space is located on Hwy 351. The property sits in front of Walmart within a retail setting that includes nearby quick-service and casual dining options.

The center’s surrounding tenants include Chili’s and Dairy Queen, providing convenient adjacency for complementary retail traffic. The location is described as a high-traffic area serving local residents and visitors.

For more information or to arrange a tour, contact Tami Shifflett or Matthew Muzechenko at 325-698-5661.

Key Highlights

  • Retail storefront available on Hwy 351 in Abilene, TX
  • Located in front of Walmart on Hwy 351
  • Adjacent to Chili’s and Dairy Queen

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Electrical Service Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

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

Lease Benchmarks for Abilene, TX

$10.13 /SF/Yr
Avg Asking Price
$6–$24.33 /SF/Yr
Price Range
2,962 SF
Avg Space Size

This space is priced 154% above the average of $10.13 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail storefront available on Hwy 351, positioned in front of Walmart and adjacent to Chili’s and Dairy Queen.
Where is this retail space located?
The property is located at 1638 Hwy 351 Abilene, TX.
What is the lease rate?
The lease rate is $25.71 SF/Yr.
What are key features of this property?
This property features: Retail storefront available on Hwy 351 in Abilene, TX; Located in front of Walmart on Hwy 351; Adjacent to Chili’s and Dairy Queen
More about this property
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