3201 Arden Road
San Angelo, TX 76901
Price:
$2,200,000
Cap Rate:
5.00%
NOI:
$110,000
Building Size:
Approx. 1,500 Sq. Ft.
Lot Size:
Approx. 0.43 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2023
Investment Overview
- 2023 Construction. 1,500+/- SF Building on 0.43+/- Acre Site
- New 20-Year Ground Lease w/ 10% Rental Increases in Primary & Option Period, Plus (3) 5-Year Options to Renew
- Excellent Location Along Sherwood Rd (25,708+ VPD), the Primary Commercial Corridor in San Angelo
- Near the Shops at Sherwood, and 6 Miles from the San Angelo Regional Airport Adjacent to Sunset Mall & the San Angelo State Park
- Walkable Distance from Many National Tenants, including Kohl’s, Sephora, Sam’s Club, Starbucks, Walmart, Lowe’s, Chick-fil-a, & More
- Take 5 has over 760 Locations & Over $3B in Revenue – Awarded the #1 Spot for Customer Satisfaction for Quick Oil Changes
- San Angelo | Home to Over 10,700 Students | Population: 99,400+
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