101 Paint Rock RD, San Angelo, TX 76903
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101 Paint Rock RD, San Angelo, TX 76903
101 Paint Rock RD, San Angelo, TX 76903
101 Paint Rock RD, San Angelo, TX 76903
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Listed by Brandon Sanders Steve Eustis Co., Realtors
$ 850,000
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101 Paint Rock RD San Angelo, TX 76903

13,826 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 13,826 sqft

Price per Sqft $61

Subdivision Glenmore Place

MLS Listing ID 202711

Year Built 1959

Lot Size 0.797 Acres

Acres 0.8

Lot Dimensions 312x203

Property Sub-Type Retail

Source San Angelo Association of REALTORS®

Property Description

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 2022 with improved parking lot, new paint, facade with new LED lights, etc. Value-Add with several leases below market rates. Currently 93.7% occupied including new lease to corporate Laundry Luv facility, the average over the next 5-years of their lease provides a 9.5% CAP at the asking price, the proforma NOI is $80,769.

Location

State TX

County Tom Green

Community Glenmore Place

Zoning CG

Direction the property is located at the SE corner of Paint Rock and Christoval Road at the signalized intersection.

Interior

Heating Central, Electric, Forced Air, Natural Gas

Cooling Central Air, Electric

Flooring Concrete

Inclusions Land, Building

Heat Source Central, Electric, Forced Air, Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

Roof Type Membrane

Present Use Retail

Private Pool No

Building

Building Description Block,Brick, Block,Brick

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Block,Brick

New Construction No

Others

Senior Community No

Tax ID R000020339

Security Features Security Lights

Acceptable Financing Cash, Conventional, Trade, Other

Listing Terms Cash, Conventional, Trade, Other


Ryan Newlin

Ryan Newlin

Broker

+1(325) 277-2828

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101 Paint Rock RD