San Angelo Warehouse Investment
For Sale
Contact for pricing
234 W Ave L, San Angelo, TX
Single-tenant warehouse on 13 acres with long-term NNN lease.
Property SizeContact for details
Lot Size13.32 Acres
Days on Market271
Property Features for 234 W Ave L
General Information
Standard status
Active
Lot size
13.32 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Steve Eustis Co
(325) 374-1105
Listed By:
Brandon K Sanders · License #506516
(325) 374-1105
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Aug 10
Last Checked: Aug 21 at 9:54AM
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
Investment Insights
Based on property information with market context.
This industrial investment opportunity is located in San Angelo, TX, and features a 114,991 square foot single-tenant warehouse on 13 acres. The property has a long-term NNN lease in place that extends through January 31, 2031, with two renewal options. The lease provides stable rental income and annual increases, with an 8.2% average cap rate over the lease term. The landlord is responsible for the roof and structure. The property has undergone over $1.2 million in capital improvements, including a new TPO roof, LED lighting throughout, fresh interior and exterior paint, and upgraded flooring. The property also includes approximately 4 acres of excess land that is not part of the lease, offering potential for future expansion or development.
Key Highlights
- Long‑term NNN lease in place through January 31, 2031, with two renewal options, providing stable rental income.
- Enjoy an 8.2% average cap rate over the lease term.
- 114,991 SF single‑tenant warehouse** on 13 acres.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Self-Storage at U-Haul — 1330 S Koenigheim St, San Angelo, TX 76903
- Welch Transfer & Storage — 203 W Washington Dr, San Angelo, TX 76903
Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant warehouse on 13 acres with long-term NNN lease.
Where is this warehouse located?
The property is located at 234 W Ave L San Angelo, TX.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Long‑term NNN lease in place through January 31, 2031, with two renewal options, providing stable rental income.; Enjoy an **8.2% average cap rate** over the lease term.; 114,991 SF single‑tenant warehouse** on 13 acres.
