Single-Tenant Retail
For Sale
$1,040,000
5201 Texas Avenue, Abilene, TX 79605
Single-tenant retail building with an open floor plan, ample storage, and on-site parking along Texas Ave.
Days on Market8
Property Features for 5201 Texas Avenue
General Information
Standard status
Active
Property subtype
Retail - Street Retail
Additional Details
Road Access
Yes
Building Details
Building Size
8,320 SF
Tenancy
Single
Listing Agency:
Paul Johnson & Associates
(325) 698-5661
Listed By:
Erik Paul Johnson · License #0415535
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 28
Last Checked: Aug 1 at 5:42AM
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.
The property is a single-tenant retail building that was formerly occupied by Family Dollar. It is designed for general retail use and features an open floor plan along with ample storage area to support day-to-day operations. The building’s configuration is well-suited for retail or service-oriented concepts seeking a straightforward interior layout.
The site is located in the heart of Abilene and provides convenient access with on-site parking. Frontage along Texas Ave offers visibility and accessibility for customers traveling through this growing corridor.
The asset is presented as a single-tenant retail opportunity with the core retail interior and storage space already in place, supported by a site designed for customer arrival and parking.
The site is located in the heart of Abilene and provides convenient access with on-site parking. Frontage along Texas Ave offers visibility and accessibility for customers traveling through this growing corridor.
The asset is presented as a single-tenant retail opportunity with the core retail interior and storage space already in place, supported by a site designed for customer arrival and parking.
Key Highlights
- Single‑tenant retail building formerly occupied by Family Dollar
- Open floor plan designed for general retail use
- Ample on‑site storage area
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.8k | $13.20 |
| − Vacancy | −$8.8k | −$1.06 |
| EGI | $101.0k | $12.14 |
| − OpEx | −$30.3k | −$3.64 |
| NOI | $70.7k | $8.50 |
8,320 SF · lease $13.20/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.01M
$884.1K – $1.18M
NOI $70,727 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,032 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
447
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Single-tenant retail building with an open floor plan, ample storage, and on-site parking along Texas Ave.
Where is this storefront property located?
The property is located at 5201 Texas Avenue Abilene, TX.
What is the asking price?
The asking price for this property is $1,040,000.
What are key features of this property?
This property features: Single‑tenant retail building formerly occupied by Family Dollar; Open floor plan designed for general retail use; Ample on‑site storage area
