1481 W South Loop
Stephenville, TX 76401

Retail - Sale

PROPERTY DETAILS

  • 16,640 SF Multi-Tenant Retail Center

  • Asking Price: $2,400,000 ($144/SF)

  • 100% Occupied

  • No Near-Term Capital Needs

  • Value Add Through Future Rent Growth

  • Offered Below Replacement Cost

Download Property Brochure →
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AGENT

Laurie Carter

817-682-4143
lcarter@lancarte.com

Contact Laurie →
A smiling woman with long dark hair, wearing a navy blue blazer with gold buttons, a black lace top, and gold earrings, standing in front of a plain gray background.

AGENT

Brittany Doyle

806-206-0290
bdoyle@lancarte.com

Contact Brittany →

INVESTMENT HIGHLIGHTS

  • Located on Stephenville’s primary retail corridor

  • 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

  • Minutes from Tarleton State University

  • Convenient Access and Visibility Along US 377/South Loop

MARKET OVERVIEW

  • 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

Parking lot with several parked cars in front of a commercial building with a metal roof, under a partly cloudy sky, with some trees and other buildings in the background.
Interior of a building with small commercial suites, white painted brick walls, large windows, fluorescent lighting, and a polished concrete floor.
A strip mall with a row of small businesses on a cloudy day, including a hair studio, therapeutic massage, salon, and retail stores. Cars are parked in front of the stores, and a parking lot is visible in the foreground.
Empty indoor shopping mall corridor with white brick walls, glass storefronts, chairs, and signs inside the stores.

ASKING PRICE

$2,400,000 ($144/SF)

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