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5555 Sherwood Way San Angelo, TX 76904

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For Sale
$2,846,000

Restaurant pad site with billboard near Walmart and Lowe’s.

Property size:
3,450 SF
Lot size:
1.35 Acres

Property Features for 5555 Sherwood Way

General Information

Size
3,450 SF
Lot size
1.35 Acres

Source: HMX Realty Advisors - Corporate Agent Robert James

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Restaurant Pad Site For Sale

This property is a pad site located near Walmart and Lowe’s. It features a new 10-year lease extension. The rent to sales ratio is 5.4%, with annual sales of $2.5 million, as supplied by the tenant's annual financials. The property includes a double-sided electronic billboard with a 24-year ground lease. The billboard lease includes 10% escalations every 7 years. The tenant is the largest Wendy's franchisee with over 300 locations. The property size is 3,450 square feet and is located at 5555 Sherwood Way, San Angelo, TX.
Insight Report Location Intelligence

Current Use by Public Records

Wendy's Fast Food Restaurant H'G Attic Insulation ... Roofing Contractor

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Angelo
County
Tom Green
State
Texas
Longitude
-100.512885
Latitude
31.427214

FAQs

What type of property is this?
Drive through restaurant - Restaurant pad site with billboard near Walmart and Lowe’s.
Where is this drive through restaurant located?
The property is located at 5555 Sherwood Way San Angelo, TX.
What is the asking price?
The asking price for this property is $2,846,000.
What are key features of this property?
This property features: - New 10-year lease extension; - Pad site to Walmart and Lowe’s; - Double sided electronic billboard with a 24-year ground lease
More about this property
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