Fully Occupied Retail Investment
For Sale
Contact for pricing
5651 Sherwood Way, San Angelo, TX 76904
Retail property with strong tenants near Walmart and H-E-B.
Property Size5,786 SF
Price / SF$685.45
Days on Market160
Property Features for 5651 Sherwood Way
General Information
Standard status
Active
Size
5,786 SF
Class
A
Total Parking Spaces
50
Property subtype
Retail
Zoning
C2: Commercial
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$247,846
Building Details
Year Built
2018
Buildings
1
Units
3
Tenancy
Multi
Listing Agency:
SRS National Net Lease Group
(214) 560-3145
Listed By:
Robert Donnell · License #CA 02082187
Source:
Crexi
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 11 at 6:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS National Net Lease Group
Investment Insights
Based on property information with market context.
This retail property features a strong tenant lineup and a stabilized income stream. The property is fully occupied and divided into three suites. Starbucks occupies 2,150 square feet, Crumbl Cookies occupies 1,236 square feet, and Stanton Optical occupies 2,400 square feet. All tenants operate under NNN leases. The property is strategically positioned as an outparcel to a Walmart Supercenter and is located across from a recently constructed H-E-B grocery store. It is situated in the center of a primary retail corridor with other nearby national tenants including Sam’s Club, Kohl’s, Lowe’s Home Improvement, Target, Academy, Hobby Lobby, PetSmart, Best Buy, Chick-fil-A, and Panda Express. The 5-mile trade area is supported by approximately 66,700 residents and 36,100 employees. Residents within 1 mile of the subject property boast an affluent average household income of $120,755.
Key Highlights
- 100% Occupied with Strong Tenant Lineup including Starbucks, Crumbl Cookies, and Stanton Optical
- NNN Leases in Place, limiting expense leakage
- Outparcel to Walmart Supercenter, driving significant consumer traffic to the location
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
619k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 31%
Dining 27%
Shops & Services 17%
Groceries 13%
Walmart
Superstores
115,821 visits/mo
0.2 miles
H-E-B
Groceries
82,076 visits/mo
0.3 miles
Sam's Club
Superstores
76,053 visits/mo
0.1 miles
Chick-fil-A
Dining
49,386 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
39,858 visits/mo
0.4 miles
Demographics for 76904, TX
36,736
Population
16,812
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
440.8 sq mi
ZIP Area
83
Density / Sq Mi
$79,617
Median Household Income
$45,768
Median Earnings
$1,119
Median Rent
$266,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail property with strong tenants near Walmart and H-E-B.
Where is this strip mall located?
The property is located at 5651 Sherwood Way San Angelo, TX.
What is the asking price?
The asking price for this property is $3,966,000.
What are key features of this property?
This property features: 100% Occupied with Strong Tenant Lineup including Starbucks, Crumbl Cookies, and Stanton Optical; NNN Leases in Place, limiting expense leakage; Outparcel to Walmart Supercenter, driving significant consumer traffic to the location
