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    FOR SALE
    Turn key restaurants

    3909 Sunset Dr, San Angelo, TX 76904

    7,800 SF 1.3 ac lot Built 1984
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-7342415
    Property summary
    AI-generated overview

    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
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1984
    Total area 7,800 SF
    Lot 1.3 ac (56,497 SF)
    APN 25-45950-0050-005-50
    UPID US82-7342415
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • H&H Attic Insulation Services Roofing Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Sunset Drive Owners LLC · 9 yrs held
    Sunset Drive Owners LLC
    since 2016
    1 recorded transaction
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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