825 Us Hwy 80th E Abilene, TX 79601-6113

Property Details for 825 Us Hwy 80th E

Year built

1983

Lot size

0.87 lot acres

Property size

2,400 SF

Property type

Commercial real estate

APN

57500013400

APU

57500013400

Description

This exceptional investment opportunity presents a 2,400 square foot Valvoline auto shop located at 825 US Highway 80 East in Abilene, Texas. The property boasts a strong, corporate-guaranteed Absolute NNN lease with Valvoline, a leading oil change service provider, offering significant financial security. The lease commenced April 1, 2020, and has a remaining term of 3.9 years, with five 5-year renewal options, each including a 10% rent increase. The property's current NOI is $31,944, resulting in a 6.00% cap rate. The asking price is $532,400, translating to $221.83 per square foot. Built in 1983, this single-tenant retail property sits on a 0.87-acre lot and enjoys 100% occupancy. The strategic location on Highway 80, a major thoroughfare with an average daily traffic count of 14,000 vehicles, ensures high visibility and accessibility. Abilene's robust economy, further bolstered by three universities with a combined enrollment exceeding 9,100 students, provides a stable and growing market. The property benefits from the tax advantages of being located in Texas, a state with no income tax. Nearby national retailers include Whataburger, McDonald's, Sonic, and many others, indicating a thriving commercial environment. This is a rare opportunity to acquire a secure, high-performing investment with a blue-chip tenant and significant long-term potential.