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5517 1St StAbilene, TX 79603

Multi-Tenant Industrial Building, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional Abilene, Texas industrial property offers 101,292 square feet on an 11.46-acre lot. The Class B building, renovated in 2021, features seven loading docks, including three dock-high doors, and boasts 15,372 square feet of office space. Currently fully leased to two credit-rated tenants, Tige Boats, Inc., and Anterix Inc., under a multi-tenant lease, this property presents a strong investment opportunity. The property is zoned L-I (Light Industrial) and enjoys a prime location adjacent to Five Points Business Park, offering easy access to Loop 277/Business 20, Interstate 20, and Abilene Regional Airport (within approximately 0.6, 1.6, and 9.0 miles respectively). The sale price is $3,800,000 ($37.50 per square foot), with a 2022 Net Operating Income (NOI) of $186,876.37. This fee-simple ownership opportunity provides a compelling return on investment in a thriving industrial area. The property's strategic location and strong tenancy make it an attractive asset for discerning investors seeking a stable, high-performing industrial portfolio addition. The building's recent renovation ensures modern functionality and efficiency, further enhancing its value and appeal.

Highlights

  • 101,292 SF industrial building on an 11.46-acre lot in Abilene, TX.
  • Class B property with 7 loading docks and 3 dock-high doors.
  • Multi-tenant building with credit-rated tenants Tige Boats, Inc. and Anterix Inc.
  • Fully leased with a 2022 NOI of $186,876.37.
  • Located near Loop 277, I-20, and Abilene Regional Airport.
  • Offered at $3,800,000 ($37.50 PSF).

Property Details for 5517 1St St

Property type
Warehouses, Industrial properties
Square Feet
101,292 SF
Class
B
Year Renovated
2021
Buildings
1
Lot Size (sq. ft)
499,198 SF

Location Insight

City
Abilene
County
Taylor
State
Texas
Latitude
32.455169679206
Longitude
-99.795778267688
5517 1St St, Abilene, Texas

FAQs

What type of property is this?
Warehouse - Multi-Tenant Industrial Building, Excellent Location
Where is the warehouse located?
The property is located at 5517 1St St Abilene, TX.
What are key features of this property?
This property features: 101,292 SF industrial building on an 11.46-acre lot in Abilene, TX.; Class B property with 7 loading docks and 3 dock-high doors.; Multi-tenant building with credit-rated tenants Tige Boats, Inc. and Anterix Inc.
How can I contact the broker?
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5517 1St St
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