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2701 S Johnson St

286,610 SF 15% Leased Office Building San Angelo, TX 76904 For Sale

Investment Highlights

  • Data Center Colocation
  • Excess Land

Executive Summary

This prominent six-story office building, built in 1955 and currently undergoing renovations, offers 286,610 square feet of high-security office space situated on a 10.01-acre lot. The top four floors, each approximately 29,970 square feet, are available for lease, featuring open floor plans and expansive windows along all exterior walls, ensuring abundant natural light.
Zoned CG-CH, this property is ideally located near downtown, the airport, and the university, making it a strategic choice for businesses seeking a secure, spacious, and modernized office environment.
The building includes A Data Center Colocation space on the first floor (35,000 sq. ft.) with multi-tenant users, a variety of flexible workspace configurations, such as private suites, cages, private offices, raised-floor private suites, and conference rooms. Tenants will also benefit from lounge areas and additional available office space. Each floor is divided into a South wing (16,867 sq. ft.) and a North wing (8,833 sq. ft.), both equipped with cubicles, private offices, conference rooms, restrooms, and secure card-swipe access.
Access to each floor is seamless with four elevators and central hubs that include stairwells. The property offers 239 parking spaces, with a parking ratio of 0.83/1,000 square feet, providing ample convenience for tenants and visitors.

Attachments

2024.11.145

Data Room Click Here to Access

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Data Centre
Building Size
286,610 SF
Building Class
B
Year Built/Renovated
1955/2024
Percent Leased
15%
Tenancy
Multiple
Number of Floors
6
Typical Floor Size
47,768 SF
Building FAR
0.66
Lot Size
10.01 AC
Zoning
CG-CH - “CG” – General Commercial District. “CH” – Heavy Commercial District.
Parking
239 Spaces (0.83 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-18500-0005-014-00
Land Assessment
£291,654 (2024)
Improvements Assessment
£3,250,168 (2024)
Total Assessment
£3,541,822 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2025
  • Listing ID: 34082013

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: 2701 S Johnson St, San Angelo, TX 76904

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