North Abilene Multi-Tenant Retail Investment | NNN Income

3398 North 1st Street, Abilene, TX 79603

Property Information

  • For Sale $1,900,000
  • Property Type Retail - Strip
  • Property Size 13,982 SF
  • Units 5
  • Lot Size 1.05 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1960
  • Year Renovated 2023
  • Date Updated Oct 20, 2026

Description

Signalized cornerInvestment opportunity in North Abilene’s established retail corridor. The offering includes approximately 13,982 SF of building area, consisting of 12,195 SF of tenant suites and 1,787 SF of non-rentable common area. The adjacent 3,588-SF vacant suite is excluded from the sale. The rent roll lists five tenant suites: Payment 1 Financial, Elemental Solution, ONYX Contracting, Planet Smokie & Vape, and Kungfu China Express. ONYX’s proposed three-year lease at $3,000 per month is pending execution; buyers should verify its status and terms. The other four suites total 9,216 SF and show approximately $115,959 in annual base rent. The flyer’s $151,959 annual total includes the pending ONYX lease. The property is marketed as NNN leased. The flyer also describes façade, parking, and LED lighting improvements. Located along N. 1st Street with access to I-20 and regional thoroughfares. Contact the listing broker for pricing, lease documents, and due diligence materials. Nearby retailers: 7-Eleven Dollar General Harbor Freight O'Reilly United Supermarkets Sonic CVS Walgreens H-E-B McDonald's Transportation Highlight: I-20 access US 83/84 Highway 277 Regional airport Consumer Draw The center serves: Daily commuters Healthcare employees Students Neighborhood residents Service businesses Regional visitors Note: The property is expected to be replatted prior to closing. The acreage currently stated is an estimate only; the final acreage conveyed will be determined by the completed replat and may differ from the estimate. Buyer should independently verify the final acreage.

Highlights

  • 13,982 SF total included building area
  • Flyer reports 2025 allocated operating expenses of approximately $45,870 ($3.28/SF)
  • Listed annual base rent approximately $151,959
  • Multi-tenant retail investment in North Abilene
  • NNN lease structure, subject to lease and expense verification
  • Reported property improvements include faade, parking, and LED lighting upgrades
  • Visible N. 1st Street location; flyer cites 15,556 VPD on S. 1st Streetverify before using as traffic for this property

Contacts

Location

Located at 3398 North 1st Street, Abilene, TX 79603, this property is part of the Westwood Richland neighborhood.

Contact Listing Broker
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