Abilene, TX - Dark Total Point Urgent Care (Pioneer Drive)
$2,500,000
125 S. Pioneer Drive, Abilene, TX 79605
8.93
Cap Rate
223,253
NOI
Details:
Description:
• More than 15 years of remaining lease term with scheduled 2% annual rental increases provides fixed, contractually obligated income and steady NOI growth backed by the lease obligation itself
• The property is currently dark, presenting a compelling value-add opportunity while continuing to benefit from long-term contractual rental income
• Remodeled in 2023 as a modern urgent care facility with high-quality finishes and a functional medical build-out, positioning the space for continued medical use
• Located just off the signalized, hard corner intersection of S Pioneer Drive and Interstate 20 Business with a combined traffic count of 26,400 VPD
• Proximity to US Highway 277 (36,200 VPD), providing regional connectivity
• The immediate trade area is supported by surrounding retailers such as Whataburger, 7-Eleven, AutoZone, Family Dollar, and more
• Ideally located in the heart of several neighborhoods, providing a direct consumer base from which to draw
• The subject property has significant street frontage along S Pioneer Dr and multiple points of access, providing ease and convenience for customers
Location
Gallery