Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2588 Armstrong St San Angelo, TX 76903

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,455,684

    NNN single tenant investment property with corporate guarantee.

    Property size:
    10,566 SF
    Lot size:
    6.08 Acres

    Property Features for 2588 Armstrong St

    General Information

    Size
    10,566 SF
    Lot size
    6.08 Acres

    Source: Randall Commercial Group Agent Elizabeth Randall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    NNN Investment Opportunity in San Angelo

    This is a NNN single tenant investment opportunity located in San Angelo, Texas. The property features a 15-year lease with five, five-year options. Rent increases by 5% every five years during the primary term and renewal options. The lease is corporately guaranteed by Dollar General Corporation. The surrounding area has an estimated population of 38,000 within a 3-mile radius. San Angelo is located in the Permian Basin, along with Midland and Odessa, and is situated in the Concho Valley region at the confluence of the three branches of the Concho River. The property has a size of 10,566 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Angelo
    County
    Tom Green
    State
    Texas
    Longitude
    -100.436769
    Latitude
    31.490471

    Nearby Similar for Sale

    • Sponsored
      $1,495,000
      6,000 SF

      1101 S Abe St

      Centrally Located Attractive Office Warehouse
      1101 S Abe St, San Angelo, TX 76903
      View Details
    • $1,500,000
      23,484 SF

      Office/Warehouse Space in San Angelo

      23,484 SF office/warehouse near Santa Rita neighborhood.
      1317 Colorado Ave, San Angelo, TX 76901
      View Details
    • $1,358,063
      3,420 SF

      High-Visibility Corner Lot in San Angelo

      Prime commercial opportunity with high traffic and expansion potential.
      570 Smith Blvd, San Angelo, TX 76905
      View Details
    • $295,000
      2,500 SF

      Versatile Commercial Building in San Angelo

      2,500 sq ft commercial building with high visibility.
      115 Avenue W, San Angelo, TX 76903
      View Details
    • $375,000
      4,250 SF

      Move-in Ready Commercial Office Space

      4,250 SF commercial office space for sale in San Angelo.
      1518 W Beauregard Ave, San Angelo, TX 76901
      View Details
    • $450,000
      Pending

      San Angelo Retail Investment Property

      Income-generating retail property with long-term tenants in San Angelo, TX.
      72 Hassell St, San Angelo, TX 76901
      View Details

    FAQs

    What type of property is this?
    Storefront property - NNN single tenant investment property with corporate guarantee.
    Where is this storefront property located?
    The property is located at 2588 Armstrong St San Angelo, TX.
    What is the asking price?
    The asking price for this property is $2,455,684.
    What are key features of this property?
    This property features: - Corporate Guarantee by Dollar General Corporation; - 15-Year Lease with Five (5), Five (5) Year Options; - 5% Increases Every 5 Years During Primary Term & Renewal Options
    (662) 234-4043
    Request Owner's contact information
    2588 Armstrong St San Angelo, TX 76903
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2588 Armstrong St
    San Angelo, TX 76903
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2588 Armstrong St San Angelo, TX 76903
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.