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Tropical Smoothie Cafe - Battery Joe
Abilene, TX 79605
Tropical Smoothie - Battery Joe · Retail Property For Sale
PROPERTY FACTS
- Fast Food
- General Retail Freestanding
- General Retail Restaurant
- General Retail Storefront
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.
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PROPERTY TAXES
Parcel Number | 72334 | Improvements Assessment | $630,700 |
Land Assessment | $363,300 | Total Assessment | $994,000 |
PROPERTY TAXES
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Listing ID: 14599278
Date on Market: 12/10/2018
Last Updated:
Address: Tropical Smoothie Cafe - Battery Joe, Abilene, TX 79605
The Retail Property at Tropical Smoothie Cafe - Battery Joe, Abilene, TX 79605 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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