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1481 W South Loop 16,640 SF 100% Leased Retail Building Stephenville, TX 76401 $3,069,660 CAD ($184.47 CAD/SF) 8% Cap Rate
Investment Highlights
- 16,640 SF Multi-Tenant Retail Center
- 100% Occupied
- Value Add Through Future Rent Growth
- Asking Price: $2,200,000
- No Near-Term Capital Needs
- Offered Below Replacement Cost
Executive Summary
• Established tenant base with several long-term occupants
• Recent capital improvements completed in 2024
• Opportunity for future rental growth and value creation
• Strong visibility and accessibility along W. South Loop
• Regional trade area serving Stephenville and surrounding
communities
Home to Tarleton State University, one of the
fastest-growing universities in Texas
• Regional retail hub serving Stephenville, Erath
County, and surrounding communities
• Over 26,800 residents within a 5-mile radius
• Strong employment base driven by education,
healthcare, agriculture, and retail
• Continued population and economic growth
• Minutes from Tarleton State University
• Convenient Access and Visibility Along US 377/South
Loop
Property Facts
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 as a company focused on income tax return preparation. The business has since expanded into tax preparation services, financial products, and small-business solutions, with offerings that include assisted filing, DIY tax tools, and digital banking through Spruce. H&R Block also serves small-business owners through Block Advisors and Wave, which support bookkeeping, payroll, advisory, and payment processing needs. The company continues to pair in-person help with digital services across its tax and financial ecosystem.
- 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 | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R000033788 | Improvements Assessment | $934,078 CAD |
| Land Assessment | $364,586 CAD | Total Assessment | $1,298,664 CAD |
Property Taxes
Presented by
1481 W South Loop
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