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Shoe Store

Skechers Outlet, Corporate Lease, Below-Market Rent

2365 S Danville Dr, Abilene, TX 79605

Listing Price: $1,442,000

Cap Rate
6.25%
Tenant Name
Skecher's U.SA. Inc.
Years Remaining On Lease
4.3
Guarantor
Corporate Guarantee
Rentable SF
10,020
Lease Type
Double Net
Rent Per Square Feet
$9.00

Investment Overview

The subject property is a 10,020-square-foot building situated on a 0.78 acre of land in Abilene, Texas. The property has great access and visibility. It's located in the major retail trade area on South Danville Drive near the intersection of Southwest Drive, just minutes north of Abilene Mall, Home Depot, and Walmart.

Investment Highlights

  • Below-Market Rent @ $9 Per Foot
  • NYSE (SKX) Corporate Guaranteed Lease
  • Located in Major Retail Trade Area
  • New Roof in 2019 - Landlord is Responsible for Roof and Structure

Exclusively Listed By

Shoe Store

Skechers Outlet, Corporate Lease, Below-Market Rent

Listing Price: $1,442,000

Cap Rate
6.25%
Tenant Name
Skecher's U.SA. Inc.
Years Remaining On Lease
4.3
Guarantor
Corporate Guarantee
Rentable SF
10,020
Lease Type
Double Net
Rent Per Square Feet
$9.00

Investment Highlights

  • Below-Market Rent @ $9 Per Foot
  • NYSE (SKX) Corporate Guaranteed Lease
  • Located in Major Retail Trade Area
  • New Roof in 2019 - Landlord is Responsible for Roof and Structure

Investment Overview

The subject property is a 10,020-square-foot building situated on a 0.78 acre of land in Abilene, Texas. The property has great access and visibility. It's located in the major retail trade area on South Danville Drive near the intersection of Southwest Drive, just minutes north of Abilene Mall, Home Depot, and Walmart.

Exclusively Listed By

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