For Sale
$2,416,000

4300 Buffalo Gap RdAbilene, TX 79606

Corporate-leased QSR, strong returns.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 2,000 square foot, single-tenant, drive-thru HTeaO restaurant located at 4300 Buffalo Gap Rd, Abilene, TX 79606. The property sits on a 0.97-acre lot and boasts a new 15-year absolute NNN lease commencing April 1, 2025, and expiring March 30, 2040. The lease includes a corporate guarantee from TBevCo, LLC, and features a 6.00% cap rate with 10% rent escalations every five years throughout the six, five-year renewal options. Built in 2025, this one-story building offers passive ownership with zero landlord responsibilities. The property benefits from its prime location in a high-traffic area, with over 93,000 combined vehicles per day traversing the intersection of Buffalo Gap Road and US Highway 83. Nearby retail establishments include McDonald's, Exxon, First Bank of Texas, Chili's, and Buffalo Wild Wings, further enhancing the property's visibility and appeal. The location also enjoys proximity to the Mall of Abilene, CrossRoads Shopping Center, and The Village at Buffalo Gap Road, totaling over 774,000 square feet of retail space. The property's strategic placement near Abilene Christian University (6,000+ students) adds to its long-term growth potential. This investment offers a compelling combination of strong tenant credit, a desirable location, and significant long-term growth prospects. The property is 100% occupied.

Highlights

  • Corporate-leased HTeaO drive-thru building with a 15-year absolute NNN lease.
  • New construction (2025) with a primary lease term expiring March 2040, including six 5-year renewal options with 10% rent escalations every five years.
  • HTeaO is a large iced tea franchise with significant existing and planned locations.
  • High-traffic location at Buffalo Gap Road and US Highway 83 (93,000+ vehicles daily).
  • Strong retail area near Mall of Abilene and other major shopping centers (774,000+ SF of retail).
  • Fee simple ownership with zero landlord responsibilities.

Property Details for 4300 Buffalo Gap Rd

Property type
Retail properties, Restaurants
Square Feet
2,000 SF
Year Built
2025
Buildings
1
Stories
1
Lot Size (sq. ft)
42,253 SF
Units
1

Location Insight

City
Abilene
County
Taylor
State
Texas
Latitude
32.398876890557
Longitude
-99.759612468153
4300 Buffalo Gap Rd, Abilene, Texas

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4300 Buffalo Gap Rd
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