3549 Catclaw DrAbilene, TX 79606

This exceptional investment opportunity presents a brand-new, 15-year absolute NNN lease with Red Robin Gourmet Burgers and Brews. Located at 3549 Catclaw Dr, Abilene, TX 79606, this 6,675 square foot restaurant sits on a 1.23-acre lot and benefits from a prime location within a major retail corridor. The lease commenced August 30, 2023, and features four, 5-year renewal options with 10% rent increases every five years. The property boasts a strong NOI of $215,000, resulting in a 6.50% cap rate. The lease is corporately guaranteed, offering significant security for investors. The property's strategic location is an outparcel to The Shops at Abilene, a dominant regional power center anchored by well-known national retailers. High traffic counts are a significant advantage, with nearby roads registering a combined 105,108 vehicles per day. The property's proximity to Dyess Air Force Base (6 miles) and Downtown Abilene (10 miles) further enhances its appeal. Nearby businesses include 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. This is a rare opportunity to acquire a passively managed, high-performing asset with substantial long-term growth potential. The asking price is $3,307,692. The building was constructed in 2005.