Medical Building Investment
For Sale
$1,250,000
2225 S Danville, Abilene, TX 79605
100% occupied medical building with triple net leases.
Property Size4,500 SF
Days on Market205
Property Features for 2225 S Danville
General Information
Standard status
Active
Size
4,500 SF
Class
A
Property subtype
Office - Medical Office
Building Details
Building Size
4,500 SF
Year Built
1977
Year Renovated
2018
Units
2
Listing Agency:
Paul Johnson & Associates
Listed By:
Matthew Muzechenko · License ##570282
(325) 698-5661
Source:
Commercialcafe
Added: Mar 26
Changed: Oct 12
Last Checked: Oct 16 at 6:14AM
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
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Investment Insights
Based on property information with market context.
This property presents an investment opportunity as a 100% occupied medical building with triple net leases and annual increases. The building is located on S. Danville, offering visibility and access to Highway 83/84, situated between S. 14th Street and SW Drive on the access road.
Key Highlights
- 100% Occupied: Enjoy an immediate income stream.
- Medical Building: Benefit from a stable tenant base.
- Triple Net Leases: Minimal landlord responsibilities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,500
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,030,000
$1.0M
Cap Rate 7%
$735,714
$735.7K
Cap Rate 9%
$572,222
$572.2K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$91.8K $20.40/SF
− Vacancy
−$6.0K −$1.33/SF
EGI
$85.8K $19.07/SF
− OpEx
−$34.3K −$7.63/SF
NOI
$51.5K $11.44/SF
Area
Abilene, TX
Vacancy
6.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,030,000
Cap Rate 7%
$735,714
Cap Rate 9%
$572,222
Alternative Uses
Best Use
Healthcare Medical
$735.7K
$643.8K – $858.3K
NOI $51,500 @ 7.0% cap · market cap 4.12%
Second Best
Office B
$713.1K
$624.0K – $831.9K
NOI $49,916 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$1.00M
$879.1K – $1.17M
NOI $70,330 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
442
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79605, TX
30,239
Population
12,795
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,749
Density / Sq Mi
$59,565
Median Household Income
$33,537
Median Earnings
$1,077
Median Rent
$159,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Veterinary Associates-Abilene — 2641 Post Oak Rd, Abilene, TX 79605
- Brookhollow Animal Clinic — 2641 Post Oak Rd, Abilene, TX 79605
- Frontier Vet Express — 2641 Post Oak Rd, Abilene, TX 79605
Frequently Asked Questions
What type of property is this?
Medical Office Space - 100% occupied medical building with triple net leases.
Where is this medical office space located?
The property is located at 2225 S Danville Abilene, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 100% Occupied: Enjoy an immediate income stream.; Medical Building: Benefit from a stable tenant base.; Triple Net Leases: Minimal landlord responsibilities.
