This exceptional investment opportunity features a well-established Red Robin restaurant in Abilene, Texas. Secured by a new 15-year absolute NNN lease with zero landlord obligations, the lease is corporately guaranteed by Red Robin and includes 10% rent increases every five years throughout the initial term and four 5-year renewal options. The 6,675 square foot building is situated on a 1.23-acre lot and enjoys a prime location as an outparcel to The Shops at Abilene, a dominant regional power center anchored by major retailers such as Ross, PetSmart, Old Navy, and TJ Maxx. The property benefits from exceptionally high traffic counts, with over 105,000 vehicles per day on nearby roads, including Catclaw Dr (21,838 VPD), Southwest Dr (24,270 VPD), and U.S. Route 83 (59,000+ VPD). Its strategic location is just six miles from Dyess Air Force Base and ten miles from Downtown Abilene, within a thriving retail corridor surrounded by numerous national retailers including The Home Depot, Walmart Supercenter, Burlington, Dollar Tree, Five Below, Wendy's, Mattress Firm, The UPS Store, Dollar General, Chick-fil-A, and Denny's. Abilene, located approximately 180 miles west of the Dallas/Fort Worth Metroplex, serves as the county seat for Taylor County, boasting a population of approximately 136,000. This investment offers a compelling combination of strong tenant, long-term lease, and prime location within a robust retail environment. The asking price is $3,307,692.
Highlights
New 15-year absolute NNN lease with zero landlord obligations.
Corporately guaranteed by Red Robin, featuring 10% rent increases every 5 years.
Prime Abilene location, outparcel to a dominant regional power center with high traffic counts.
Retail property - Abilene, TX Red Robin: NNN Lease, High Traffic
Where is the retail property located?
The property is located at 3549 Catclaw Dr Abilene, TX.
What is the asking price?
The asking price for this property is $3,307,692.
What are key features of this property?
This property features: New 15-year absolute NNN lease with zero landlord obligations.; Corporately guaranteed by Red Robin, featuring 10% rent increases every 5 years.; Prime Abilene location, outparcel to a dominant regional power center with high traffic counts.
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3549 Catclaw Dr Abilene, TX 79606
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3549 Catclaw Dr
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