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Tropical Smoothie Cafe - Battery Joe
Abilene, TX 79605

Tropical Smoothie - Battery Joe · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,014 SF
Building Class
C
Year Built/Renovated
1980/2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.65 AC
Zoning
GC - General Commercial
Parking
34 Spaces (8.47 Spaces per 1,000 SF Leased)
Frontage
190 FT on Buffalo Gap Rd

Amenities

  • Drive Thru

About Tropical Smoothie Cafe - Battery Joe , Abilene, TX 79605

TREK Investment Group is pleased to offer for sale a two tenant, 4,014 SF retail center with new 10 year Net Leases, located next door to Starbucks in Abilene, TX. The 100% leased, newly remodeled (2018) center is currently occupied by two thriving retailers- Tropical Smoothie Cafe (with drive-thru) and Battery Joe. The long-term NNN leases include 10% rent increases in Year 6 of the initial term, and in each of the four- 5 year Option Periods. This center is part of the Crossroads Shopping Plaza located at the highly-trafficked intersection of Buffalo Gap Road and US Hwy 84, (53,000+ V PD). Situated in one of the city's major retail hubs, the center is surrounded by national retailers such as Taco Bell, Little Caesars, Wing-Stop, Anytime Fitness, Office Depot and more. Additionally, the center is only 0.5 miles away from the Mall of Abilene, a local retail draw anchored by Dillard's and Best Buy. This property offers investors a long-term, NNN Leased asset providing steady NOI growth, minimal Landlord responsibilities in a high traffic location.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
72334
Land Assessment
$363,300
Improvements Assessment
$630,700
Total Assessment
$994,000
  • Listing ID: 14599278

  • Date on Market: 12/10/2018

  • Last Updated:

  • Address: Tropical Smoothie Cafe - Battery Joe, Abilene, TX 79605

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