4509 Sherwood Way - Retail FOR SALE


San Angelo, TX 76901
$5,848,199 USD
512-433-6999
4509 Sherwood Way, San Angelo, TX for Sale
$5,848,199 USD
Retail - FOR SALE
1/4
null | 7.25% Cap Rate

4509 Sherwood Way
San Angelo, TX 76901


HIGHLIGHTS

  • 100% Leased | 8 Tenant Center | Diverse Tenant Mix | Commercial Hub to Metro Area with 121,500+ population
  • NN Leases | Below Market Rents at $17.42 PSF | Value Add Upside Potential
  • Excellent visibility with traffic counts of 41,050+ VPD on TX-306 Loop and 20,850+ VPD on Sherwood Way
  • Situated amongst a multitude of national retailers | $97,242 Avg. HH Income in 1-mile radius

OVERVIEW

TREK Investment Group is pleased to present the following pricing proposal for Sherwood Oaks Shopping Center in San Angelo, TX which serves as the commercial hub for the 121,500-person metro area. This fully leased, multi-tenant retail asset is strategically situated just off Highway 67 and the TX-306 Loop within San Angelo’s most active retail corridor. This prime corridor records daily traffic volumes of approximately 41,050+ VPD on the Loop and 20,850+ VPD on Sherwood Way. The center enjoys proximity to national retailers, including Walmart Supercenter, Home Depot, Target, Sam’s Club, Lowe’s, Best Buy, Chick-fil-A, H-E-B, and Starbucks, all contributing to a powerful retail synergy and strong consumer draw. The surrounding one-mile radius supports over 3,800 households boasting an average household income of $97,242 - significantly above the local median. Sherwood Oaks Shopping Center delivers a, excellent opportunity to acquire an investment in a vibrant, income-tax-free Texas market investors seeking long-term stability and growth.

FOR SALE DETAILS

PRICE

$5,848,199 USD

PRICE/SF

$248 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwood Oaks Shopping Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

-

APN/PARCEL ID

23-41410-0001-003-30

ASK ABOUT THIS PROPERTY

Parker CarrollTREK Investment GroupMore Info
512-433-6999

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Parker CarrollTREK Investment GroupMore Info
512-433-6999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.