111 Paint Rock Rd - Freestanding FOR SALE


San Angelo, TX 76903
$1,123,000 USD
325-374-1105
111 Paint Rock Rd, San Angelo, TX for Sale
$1,123,000 USD
Freestanding - FOR SALE
1/5
null | 10% Cap Rate

111 Paint Rock Rd
San Angelo, TX 76903


HIGHLIGHTS

  • over 11,000 VPD
  • Value Add Opportunity
  • Recent Upgrades to exterior parking/lighting

OVERVIEW

14,500+/- sqft renovated Multi-Tenant Shopping Center located at the signalized intersection of Christoval Road and Paint Rock Road. The property was upgraded in 2023 with improved parking lot, new paint, facade with new LED lights, etc. Value-Add with several leases below market rates. Seller will leaseback any vacancy at closing for a 1-year term producing a 10% CAP on actual numbers.

FOR SALE DETAILS

PRICE

$1,123,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Glenmore Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,722 SF

ZONING

GC

APN/PARCEL ID

13-24900-0011-012-00

ASK ABOUT THIS PROPERTY

Brandon SandersSteve Eustis Co. RealtorsMore Info
325-374-1105

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Brandon SandersSteve Eustis Co. RealtorsMore Info
325-374-1105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.