Three-Sided Hardy-Plank NNN
For Sale
Contact for pricing
1821 Country Club Rd, San Angelo, TX 76904
NNN retail property with Hardy-Plank exterior on three sides and a 15-year lease with five five-year options.
Property Size9,096 SF
Price / SF$286.80
Days on Market79
Property Features for 1821 Country Club Rd
General Information
Standard status
Active
Size
9,096 SF
Property subtype
RETAIL
Lease Type
NNN
Additional Details
Lease Term
180 months
Building Details
Construction
Hardy-Plank
Listing Agency:
Randall Commercial Group
(662) 234-4043
Listed By:
Elizabeth Randall · License #19734
(662) 234-4043
Source:
Moodyscre
Added: May 13
Changed: Jul 27
Last Checked: Jul 29 at 2:05PM
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 Randall Commercial Group
Investment Insights
Based on property information with market context.
This NNN retail property features Hardy-Plank exterior construction on three sides. The building is positioned for long-term tenancy under an existing 15-year NNN lease structure.
The lease includes five (5) five-year options, with rent increases of 5% every five years during the primary term and through the renewal options. The property size is 9,096 square feet.
For buyers seeking a leased, single-asset retail investment, the combination of a long initial term, multiple renewal options, and scheduled rent step-ups is a key consideration.
The lease includes five (5) five-year options, with rent increases of 5% every five years during the primary term and through the renewal options. The property size is 9,096 square feet.
For buyers seeking a leased, single-asset retail investment, the combination of a long initial term, multiple renewal options, and scheduled rent step-ups is a key consideration.
Key Highlights
- Hardy‑Plank exterior on three sides
- 15‑year NNN lease
- Five (5) five‑year lease options
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $185.6k | $20.40 |
| − Vacancy | −$11.1k | −$1.22 |
| EGI | $174.4k | $19.18 |
| − OpEx | −$52.3k | −$5.75 |
| NOI | $122.1k | $13.42 |
9,096 SF · lease $20.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.74M
$1.53M – $2.03M
NOI $122,097 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$6.96M
$6.09M – $8.12M
NOI $487,412 @ 7.0% cap · market cap 18.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 76904, TX
36,736
Population
16,812
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
440.8 sq mi
ZIP Area
83
Density / Sq Mi
$79,617
Median Household Income
$45,768
Median Earnings
$1,119
Median Rent
$266,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - NNN retail property with Hardy-Plank exterior on three sides and a 15-year lease with five five-year options.
Where is this nnn property located?
The property is located at 1821 Country Club Rd San Angelo, TX.
What is the asking price?
The asking price for this property is $2,608,696.
What are key features of this property?
This property features: Hardy‑Plank exterior on three sides; 15‑year NNN lease; Five (5) five‑year lease options
