Restaurant and Retail
For Lease
Contact for pricing
1642 E Musgrave Blvd, Abilene, TX 79601
Modern building in a PD-zoned outparcel with access from Musgrave Boulevard and cross access to Lowe’s parking.
Space Size2,384 SF
Days on Market135
Property Features for 1642 E Musgrave Blvd
General Information
Standard status
Active
Size
2,384 SF
Property subtype
RETAIL
Zoning
PD
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
high visibility
ample parking
cross access with Lowe's
access reciprocal to Lowe's parking lot
high-growth area
Building Details
Construction
modern
Spaces For Lease
at 1642 E Musgrave Blvd Contact us- Floor
- 1
- Size
- 2,384 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
1642 E Musgrave Blvd $19/SF/Yr
- Available for lease
- 2,384 SF building
- Restaurant
- Zoned PD
- High visibility...
show more
Contact us
Listing Agency:
Paul Johnson & Associates
(325) 439-1420
Listed By:
Matthew Muzechenko · License ##570282
(325) 439-1420
Source:
Moodyscre
Added: Apr 17
Changed: Aug 25
Last Checked: Aug 26 at 3:00PM
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 modern retail/restaurant outparcel includes a 2,384 SF building and is zoned PD. The property is described as a Lowe’s Home Improvement outparcel with reciprocal access to the Lowe’s parking lot and cross access via Enterprise Drive.
Access is provided from I-20 via E Overland Trail to Musgrave Boulevard, with an entrance off Musgrave Boulevard across from the Residence Inn, Towne Place Suites, and Courtyard Inn. The area is anchored by Lowe’s Home Improvement and is noted as supported by nearby hotel rooms within the immediate area.
The listing also notes that it was previously operated as a Wendy’s. A master plan is referenced for future development, with Highway 351 described as fully built up.
Access is provided from I-20 via E Overland Trail to Musgrave Boulevard, with an entrance off Musgrave Boulevard across from the Residence Inn, Towne Place Suites, and Courtyard Inn. The area is anchored by Lowe’s Home Improvement and is noted as supported by nearby hotel rooms within the immediate area.
The listing also notes that it was previously operated as a Wendy’s. A master plan is referenced for future development, with Highway 351 described as fully built up.
Key Highlights
- 2009‑built 2,384 SF modern retail/restaurant building on a Lowe's Home Improvement outparcel.
- PD zoning and access from I‑20 / E Overland Trail to Musgrave Boulevard.
- Entrance off Musgrave Boulevard, across from Residence Inn and newly constructed Towne Place Suites and Courtyard Inn.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
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
Lease Benchmarks for Abilene, TX
$15.05 /SF/Yr
Avg Asking Price
$6.92–$25.71 /SF/Yr
Price Range
10,921 SF
Avg Space Size
This space is priced 26% above the average of $15.05 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Modern building in a PD-zoned outparcel with access from Musgrave Boulevard and cross access to Lowe’s parking.
Where is this retail space located?
The property is located at 1642 E Musgrave Blvd Abilene, TX.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 2009‑built 2,384 SF modern retail/restaurant building on a Lowe's Home Improvement outparcel.; PD zoning and access from I‑20 / E Overland Trail to Musgrave Boulevard.; Entrance off Musgrave Boulevard, across from Residence Inn and newly constructed Towne Place Suites and Courtyard Inn.
