4142 Ridgemont Dr | Abilene, TX 79606
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4142 Ridgemont Dr
Abilene, TX 79606
Outback Steakhouse: Abilene, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN lease features ±12.0 years of primary term remaining with three 5-year renewal options and a corporate guaranty from Bloomin’ Brands.
- Located along Ridgemont Drive (11,238 VPD), which intersects with South Clark Street (13,350 VPD) and provides access to US-83 (33,876 VPD).
- 5.4 MSF of retail, 1.4 MSF of office, 1.2 MSF of industrial, and 1,404 hotel rooms within a 3-mile radius.
- The offering boasts rare annual rent increases of 1.8%.
- Outback is an outparcel to a Lowe’s-anchored shopping center.
- The site captures significant traffic from the dense concentration of residential within 1 mile: 4,210 households & nearly 2,000 multifamily units.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,172 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.53 AC
Zoning
Commercial
Parking
146 Spaces (23.66 Spaces per 1,000 SF Leased)
Frontage
185 ft on Ridgemont Drive
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