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Investment Highlights

  • 16,640 SF Multi-Tenant Retail Center
  • No Near-Term Capital Needs
  • Offered Below Replacement Cost
  • Asking Price: $2,400,000 ($144/SF)
  • Value Add Through Future Rent Growth

Executive Summary

Opportunity to acquire an income-producing retail property positioned along W South Loop in Stephenville, Texas, one of the city’s primary commercial corridors with strong daily traffic counts and excellent accessibility. Located near Tarleton State University and surrounded by national retailers, restaurants, and growing residential development, the property offers investors stable in-place income in a steadily expanding market. With prominent frontage, strong visibility, and convenient access to major thoroughfares, 1481 W South Loop presents an attractive opportunity for both long-term hold investors and those seeking value in a thriving regional trade area.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
16,640 SF
Building Class
C
Year Built
1977
Price
$3,364,632 CAD
Price Per SF
$202.20 CAD
Cap Rate
7.50%
NOI
$252,347 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.19 AC
Zoning
B2 - Commercial Business
Parking
100 Spaces (6.01 Spaces per 1,000 SF Leased)
Frontage
123’ on West South Loop

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • American Buckinghorse Registry
  • Agriculture, Forestry, Fishing and Hunting
  • -
  • -
  • -
  • Wholesaler
  • -
  • -
  • -

Armstrong McCall began in 1939 when Dean McCall joined with Bob Armstrong to create a beauty supply distributorship in Corpus Christi, Texas, and the business later relocated to Austin. The company built a franchise system in the mid-1960s and now operates through independent, locally owned franchises that focus on professional beauty products and education. Armstrong McCall serves licensed beauty professionals with salon products, hair care, skin care, nail care, and salon equipment, and the brand is affiliated with Sally Beauty Holdings through the Beauty Systems Group division.

  • City and Rual Rides
  • Retailer
  • -
  • -
  • -
  • Dowell Hardware & Waterwll Service
  • Retailer
  • -
  • -
  • -
  • Dr. Phil Adams Optometrist
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

H&R Block was founded in 1955 by brothers Henry and Richard Bloch, beginning as a tax return preparation business. The company now provides global tax preparation services, financial products, and small-business solutions through retail offices, digital channels, and mobile applications, including Spruce, Block Advisors, and Wave. H&R Block's offerings span in-person tax help, online and mobile tax software, refund and identity-related services, and business tools such as payroll, bookkeeping, advisory, and payment processing.

  • H2-Oh Massage
  • Retailer
  • -
  • -
  • -
  • John C Boucher Attorney at Law
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Smith Garage Doors
  • Retailer
  • -
  • -
  • -
  • The Salon
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
American Buckinghorse Registry Agriculture, Forestry, Fishing and Hunting - - -
Wholesaler - - -
City and Rual Rides Retailer - - -
Dowell Hardware & Waterwll Service Retailer - - -
Dr. Phil Adams Optometrist Health Care and Social Assistance - - -
Professional, Scientific, and Technical Services - - -
H2-Oh Massage Retailer - - -
John C Boucher Attorney at Law Professional, Scientific, and Technical Services - - -
Smith Garage Doors Retailer - - -
The Salon Retailer - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

InterBank
Buffalo Wild Wings
Starbucks
H-E-B Fuel
Anytime Fitness
Scooter's Coffee

Property Taxes

Property Taxes

Parcel Number
R000033788
Land Assessment
$364,586 CAD
Improvements Assessment
$934,078 CAD
Total Assessment
$1,298,664 CAD
  • Listing ID: 40764527

  • Date on Market: 2026-06-03

  • Last Updated:

  • Address: 1481 W South Loop, Stephenville, TX 76401

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