STNL Investment 234 W Avenue L 114,072 SF Industrial Building San Angelo, TX 76903 $8,231,170 CAD ($72.16 CAD/SF) 7.54% Cap Rate

This prime industrial investment opportunity in San Angelo, TX, features a 114,991 SF single-tenant warehouse situated on 13 acres with a long-term NNN lease in place. The lease extends through January 31, 2031, with two renewal options, providing stable rental income and annual increases. This will produce an 8.2% average cap rate over the lease term, the advertised CAP rate of 7.53% is based on Feb 2026 NOI. Landlord is responsible for roof and structure. Recently, the property underwent over $1.2 million in capital improvements, including a new TPO roof, LED lighting throughout, fresh interior and exterior paint, and upgraded flooring, ensuring a modern and well-maintained facility. Additionally, the property includes 4± acres of excess land (not part of the lease), offering valuable potential for future expansion or development. This high-quality industrial asset presents a secure and attractive opportunity for investors seeking long-term stability.