1989 Hwy Abilene, TX 79601
This exceptional quick-service restaurant and fast-food opportunity is located at 1989 HWY 351 in Abilene, Texas, 79601. The property boasts a prime location on the southwest corner of Hwy 351 and E Lake Rd, surrounded by a high concentration of successful businesses including Walmart, Chick-fil-A, Starbucks, Lowe's, Raising Cane's, and Cracker Barrel. The building, constructed in 2013, offers 2,234 square feet of net rentable space within a single-story structure situated on a 0.93-acre lot. The property features a convenient drive-thru, ample parking for 25 vehicles, and outdoor patio seating, catering to the needs of a busy quick-service operation. The property is zoned GR - General Retail, allowing for flexibility and potential expansion. This freestanding building presents a unique owner/user investment opportunity with significant growth potential in a thriving area near Abilene Christian University and numerous other established businesses. The asking price is $950,000. The APN is 986224. This is a turn-key operation ready for a new owner to step in and capitalize on the existing success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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