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Single-Story Mixed-Use Retail Center

101 Paint Rock Road, San Angelo, TX 76903

For Sale
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A national laundry operator occupies one space under an initial 10-year lease term.

Property SizeContact for details
Days on Market29

Property Features for 101 Paint Rock Road

General Information

Standard status Active
Property subtype Retail
Occupancy 94%

Site & Location

Corner Location Yes
Mixed-Use Components retail, office, restaurant

Additional Details

Tenant in Place Yes

Building Details

Year Built 1950
Year Renovated 2022
Stories 1
Tenancy Multi
Listing Agency: Steve Eustis Co Reators
Listed By: Brandon Sanders · License TX #506516
Source: Crexi
Added: Oct 14 Changed: Nov 8 Last Checked: Nov 10 at 6:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Steve Eustis Co Reators

Rey
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Investment Insights

Based on property information with market context.

This single-story mixed-use retail center contains seven tenant spaces, with a mix that includes service retail, a barber shop, a pub, private office space, and Laundry Luv. Occupancy is 93.7%. The building dates to 1950 and received renovations in 2022; the roof was replaced in 2020. Laundry Luv, a national tenant, has an initial 10-year lease term with scheduled rent increases over the next five years.

The property sits at the signalized intersection of Paint Rock Road and Christoval Road, near Goodfellow Air Force Base. The stated cap rate is 9.5%.

Key Highlights

  • Seven tenant spaces with service retail, barber shop, pub, private office, and laundry uses
  • 93.7% occupied
  • Laundry Luv has a 10‑year initial lease term and scheduled rent increases over the next 5 years

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Accounting Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

93.7%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 24%
Stripes Shops & Services
12,511 visits/mo 0.4 miles
Dollar General Shops & Services
8,632 visits/mo 0.4 miles
Little Caesars Pizza Dining
6,565 visits/mo 0.3 miles

Demographics for 76903, TX

32,215
Population
14,169
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
78%
High-School Grad
25.0 sq mi
ZIP Area
1,289
Density / Sq Mi
$49,045
Median Household Income
$33,077
Median Earnings
$1,051
Median Rent
$115,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A national laundry operator occupies one space under an initial 10-year lease term.
Where is this mixed-use property located?
The property is located at 101 Paint Rock Road San Angelo, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Seven tenant spaces with service retail, barber shop, pub, private office, and laundry uses; 93.7% occupied; Laundry Luv has a 10‑year initial lease term and scheduled rent increases over the next 5 years
(915) 942-6533 Call to check price and availability
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