101 Paint Rock Rd Unit 101-119, San Angelo, TX 76903

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.