Abilene Shopping Center

3550 S. Clack Street, Abilene, TX 79606

  • For Sale $7,500,000
  • Property Type Retail - Street Retail
  • Property Size 14,233 SF
  • Units 7
  • Lot Size 1.52 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 79
  • Parking Ratio 5.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 2020
  • Date Updated Sep 30, 2024
Discover the prime retail potential of this extremely dense retail corridor in Abilene, TX, 79606. With cross-access to T.J. Max and adjacency to multiple shopping centers including the Shops at Abilene and Park Central Shopping Center, this location provides exceptional exposure to major tenants such as Ross Dress for Less, Michaels, Dollar Tree, and more. Additionally, the nearby Mall of Abilene, anchored by JC Penny, Best Buy, and Dillard's, adds to the area's high consumer traffic. Conveniently situated just off Winters Freeway with excellent visibility and freeway frontage, this site benefits from strong demographics, boasting over 103,000 residents and nearly 52,000 employees in the 5-mile trade area, with an average household income of over $65,000. Pad to Burlington and Academy Sports, along with large pylon signs, further enhance visibility and promote crossover shopping, making this location a compelling investment opportunity.Explore the unparalleled investment potential of this 14,223-square foot multi-tenant retail center in the heart of Abilene's bustling retail trade area. Shadow-anchored by Burlington, Academy, and Petco, with a new Panera Bread adjacent to the center, this property boasts 100% occupancy with all leases being triple-net. The complementary mix of internet-resistant tenants and the presence of credit tenants in 84% of the gross leasable area make this an attractive investment. Built in 2020, this newer construction enjoys high traffic from retail giants like The Home Depot, Sam's Club, Lowe's Home Improvement, Walmart, and numerous restaurants, with approximately 50,000 vehicles passing by daily. The property offers easy accessibility from multiple ingress and egress points and is situated in a vibrant retail hub with the added advantage of being in close proximity to three universities. This property is an exceptional opportunity for investors seeking a strong foothold in the thriving Abilene retail market.Remaining Space available is 2321 square foot and can be divided Base Lease rate starting at 30.00 per square foot Tenant Improvement Allowance negotiable NNN Expense estimated 7.00 per square foot with 3% cap on controllable CAM Expense 10 Year Initial term required with Options Available 12.5% bump after Fifth year of term and each renewal after

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Highlights

  • - 14,233 SF modern retail building
  • - 8 retail units for diverse investment opportunities
  • - Constructed in 2020 for contemporary appeal
  • - Zoned specifically for retail use
  • - Prime location in the vibrant Abilene area
  • - Currently at a 100% occupancy rate
  • - Potential for increased tenancy and rental income
  • - Ideal for retail or street retail investment opportunities

Contacts

broker

Josh Langham

Llano Real Estate Group

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable
  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Abilene, TX
  • Neighborhood Park Central
  • Zip Code 79606

Points of Interest

  • Alon

    0.49 miles

  • Exxon

    0.88 miles

  • Tesla Destination

    0.94 miles

  • J1772

    0.95 miles

  • Conoco

    1.55 miles

  • H-E-B Fuel

    1.82 miles

  • Sunoco

    1.97 miles

  • Abilene High School

    3.38 miles

  • BBVA Compass Parking

    3.70 miles

  • Doubletree Parking

    3.80 miles

  • Panera Bread

    0.01 miles

  • Mooyah

    0.02 miles

  • Cheddar's

    0.04 miles

  • Burger King

    0.19 miles

  • Torchy's tacos

    0.20 miles

  • Cotton Patch Cafe

    0.22 miles

  • Raising Cane's

    0.27 miles

  • Red Robin

    0.31 miles

  • Olive Garden

    0.31 miles

  • Blue Sky

    0.32 miles

  • Burlington

    0.07 miles

  • Natural Grocers

    0.14 miles

  • Bealls

    0.17 miles

  • TJ Maxx

    0.19 miles

  • Target

    0.26 miles

  • Ross

    0.31 miles

  • Big Lots

    0.32 miles

  • Sears

    0.66 miles

  • Walmart Supercenter

    0.66 miles

  • Mall of Abilene

    0.73 miles

Frequently Asked Questions

How much does Abilene Shopping Center cost?

The space currently listed for sale at Abilene Shopping Center asks for $7,500,000.

What is the total square footage of Abilene Shopping Center?

Abilene Shopping Center totals 14,233 square feet.

When was this property built?

Abilene Shopping Center was built in 2020.

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Contact Listing Broker

broker

Josh Langham

Llano Real Estate Group