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113 E Twohig Avenue, San Angelo, TX 113 E Twohig Ave 3,000 SF Retail Building San Angelo, TX 76903 $480,000 ($160/SF) 8.71% Cap Rate
Investment Highlights
- Brand new 3 year lease agreement
- Downtown San Angelo desirable location
- Business has been in location for multiple years
Executive Summary
Downtown San Angelo investment opportunity with a brand new 3-year gross lease agreement in place. This property is located just east of the intersection of Twohig Avenue and South Oakes Street. It is a 3,000 SF freestanding retail building on 21,000 SF of land. The current business is a daycare facility. The owner has a new survey. Offering price is at a 8.71% capitalization rate.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
3,000 SF
Year Built/Renovated
1950/2006
Price
$480,000
Price Per SF
$160
Cap Rate
8.71%
NOI
$41,808
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.48 AC
Zoning
CBD - Central Business District allows for most commercial and retail uses.
Frontage
105’ on East Twohig Avenue
Amenities
- Fenced Lot
- Security System
- Air Conditioning
Walk Score®
Very Walkable (70)
Nearby Major Retailers
1 of 9
Videos
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Photos
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113 E Twohig Avenue, San Angelo, TX | 113 E Twohig Ave
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