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Highlights

  • Built in 1885 and fully renovated with updated HVAC, plumbing, and electrical systems.
  • Private back porch included for exclusive tenant use, ideal for outdoor seating.
  • Prime downtown location on College Street with strong pedestrian traffic and visibility.
  • Approximately 2,300 SF of first-floor space with pending buildout configuration.
  • Mahogany storefront with handcrafted millwork, large display windows, and transom glazing.
  • Flexible use options for retail, boutique, coffee shop, or creative office concepts.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,300 SF
  • 14’
  • 3-10 Years
  • $24.00 /SF/YR $2.00 /SF/MO $55,200 /YR $4,600 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
June 01, 2026

This historic limestone building, originally constructed in 1885, has been fully restored and offers a unique first-floor space for lease in the heart of downtown Stephenville. The ±2,500 SF space (pending final buildout) combines classic architectural character with modern upgrades, featuring a mahogany wood storefront, large display windows, and period-correct double-hung windows that flood the interior with natural light. The property includes a private back porch for exclusive tenant use, ideal for outdoor seating or additional business functions. With flexible configurations, the space is well-suited for retail, boutique, coffee shop, or creative office concepts. Located on College Street, the property benefits from strong foot traffic and proximity to Tarleton State University, ensuring consistent visibility and customer engagement. Recent renovations include new HVAC, plumbing, and electrical systems, providing a turnkey opportunity for businesses seeking a distinctive and functional downtown presence.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Central Air and Heating
  • Private Restrooms
  • Exposed Ceiling
  • Plug & Play
  • Finished Ceilings: 14’
  • Hardwood Floors
  • Smoke Detector
  • Fully renovated 1885 historic building.
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 2,300 SF 14’ 3-10 Years $24.00 /SF/YR $2.00 /SF/MO $55,200 /YR $4,600 /MO Triple Net (NNN)

1st Floor

Size
2,300 SF
Ceiling
14’
Term
3-10 Years
Rental Rate
$24.00 /SF/YR $2.00 /SF/MO $55,200 /YR $4,600 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
June 01, 2026

This historic limestone building, originally constructed in 1885, has been fully restored and offers a unique first-floor space for lease in the heart of downtown Stephenville. The ±2,500 SF space (pending final buildout) combines classic architectural character with modern upgrades, featuring a mahogany wood storefront, large display windows, and period-correct double-hung windows that flood the interior with natural light. The property includes a private back porch for exclusive tenant use, ideal for outdoor seating or additional business functions. With flexible configurations, the space is well-suited for retail, boutique, coffee shop, or creative office concepts. Located on College Street, the property benefits from strong foot traffic and proximity to Tarleton State University, ensuring consistent visibility and customer engagement. Recent renovations include new HVAC, plumbing, and electrical systems, providing a turnkey opportunity for businesses seeking a distinctive and functional downtown presence.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Central Air and Heating
  • Private Restrooms
  • Exposed Ceiling
  • Plug & Play
  • Finished Ceilings: 14’
  • Hardwood Floors
  • Smoke Detector
  • Fully renovated 1885 historic building.

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 2,300 SF
Property Type Retail
Gross Leasable Area 2,300 SF
Year Built/Renovated 1885/2026

About the Property

The property is located at 118 E College Street in Stephenville, Texas, within Erath County and near Tarleton State University. It is a historic limestone building originally constructed in 1885 and has undergone full renovation, including HVAC, plumbing, and electrical upgrades. The building offers a first-floor space with pending buildout and includes a private back porch. The site is positioned in a downtown setting with pedestrian activity and vehicular access along College Street.

Fairly walkable
40/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Buffalo Wild Wings
InterBank
  • Listing ID: 39723886

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: 118 College st, Stephenville, TX 76401

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