For Sale
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Property summary
This exceptional 7,872-square-foot restaurant space, formerly a Red Lobster, presents a unique opportunity for acquisition or lease. Located at 3909 Sunset Drive in San Angelo, Texas, this property boasts a highly visible location just inside Loop 306 on Sunset Drive, ensuring excellent exposure to a substantial customer base. The 1.3-acre lot provides ample space for potential expansion or outdoor seating. Built in 1984, the building offers a solid foundation for a variety of restaurant concepts. San Angelo, a thriving Texas city home to Angelo State University, is experiencing significant population growth, making this a prime location for a successful business venture. The asking lease rate is $23 per square foot per year, triple net (NNN). The sales price is available upon request. This property is situated in Tom Green County, Texas, with a zip code of 76904. The property's coordinates are 31.427842277860165 latitude and -100.49546657772818 longitude. This is a turnkey opportunity to establish or relocate your restaurant in a dynamic and growing market. The property's size and location offer significant potential for a variety of culinary businesses. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Roofing Company General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the San Angelo market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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