Fully Leased Investment
917 S Treadaway Boulevard Abilene, TX 79602
For Sale
$450,000
Fully leased commercial property with long-term tenants.
Property Size4,000 SF
Price / SF$112.50
Days on Market97
Property Features for 917 S Treadaway Boulevard
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1958
Listing Agency:
Coldwell Banker Apex, REALTORS
(325) 690-4000
Listed By:
Chad Chaney · License #0588387
(325) 725-6641
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 16 at 2:02PM
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 Coldwell Banker Apex, REALTORS
Investment Insights
Based on property information with market context.
This investment property is currently fully leased. One lease expires at the end of October in 2028, and the other expires at the end of February of 2031. Both units have parking in the front and space in the back for parking or loading. The unit located at 917 S Treadaway has a fenced area for material storage as well as additional parking. The property size is 4000 square feet.
Key Highlights
- Fully leased investment property providing immediate income.
- Potential for lease renewals with established tenants.
- Ample parking available both in front and back of the building.
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 | $52.8k | $13.20 |
| − Vacancy | −$4.2k | −$1.06 |
| EGI | $48.6k | $12.14 |
| − OpEx | −$14.6k | −$3.64 |
| NOI | $34.0k | $8.50 |
4,000 SF · lease $13.20/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$485.8K
$425.0K – $566.7K
NOI $34,003 @ 7.0% cap · market cap 7.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$893.1K
$781.4K – $1.04M
NOI $62,515 @ 7.0% cap · market cap 13.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
WestTech Foundation Repair
Construction Company
Similar Off Market Nearby
- Floral Studio Event Design Boutique — 357 Walnut St, Abilene, TX 79601
- The Florist on Hickory Street — 931 Hickory St, Abilene, TX 79601
FAQs
What type of property is this?
Storefront property - Fully leased commercial property with long-term tenants.
Where is this storefront property located?
The property is located at 917 S Treadaway Boulevard Abilene, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully leased investment property providing immediate income.; Potential for lease renewals with established tenants.; Ample parking available both in front and back of the building.
