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Starbucks 3217 Sherwood Way

1,500 SF Retail Building San Angelo, TX 76901 $1,305,818 ($871/SF) 5.50% Cap Rate

Retail Space Texas San Angelo 3217 Sherwood Way, San Angelo, TX 76901

Investment Highlights

  • Rental Increase Options | 10.00% Rental Increases in Each of the 4, 5-Year Options
  • Double Net (NN) Lease | Tenant is responsible for property taxes and insurance
  • Corporate Guarantee | Strong Guarantee from Starbucks

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Starbucks located
at 3217 Sherwood Way, San Angelo, TX 76901. The site consists of roughly
1,500 rentable square feet of building space on an estimated 0.3-acre parcel
of land. This Starbucks is subject to a 20-year Double Net (NN) lease, which
commenced 3/1/2024. The current annual rent is $71,820 and has
scheduled increases of 10.00% In Options.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,500 SF
Building Class
B
Year Built
2003
Price
$1,305,818
Price Per SF
$871
Cap Rate
5.50%
NOI
$71,820
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.30 AC
Frontage
266 FT on Arden Rd

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
1 of 1
3217 Sherwood Way, San Angelo, TX - aerial map view
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

H-e-b
Starbucks
Club Pilates
Buddy's Home Furnishings
Buffalo Wild Wings
Rosa's Cafe
Cotton Patch Café
Fuzzy's Taco Shop
Applebee's
Pure Barre

PROPERTY TAXES

Parcel Number 01-10600-0003-004-00 Improvements Assessment $394,680
Land Assessment $111,640 Total Assessment $506,320

PROPERTY TAXES

Parcel Number
01-10600-0003-004-00
Land Assessment
$111,640
Improvements Assessment
$394,680
Total Assessment
$506,320
(332) 345-4222

Contacts

  • Listing ID: 32639639

  • Date on Market: 7/31/2024

  • Last Updated:

  • Address: 3217 Sherwood Way, San Angelo, TX 76901

More public record information on 3217 Sherwood Way, San Angelo, TX 76901

The Retail Property at 3217 Sherwood Way, San Angelo, TX 76901 is currently available for sale. Contact NNN Pro Group for more information.

Nearby Listings

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3217 Sherwood Way, San Angelo, TX for sale Building Photo- Image 1 of 3
3217 Sherwood Way - San Angelo, TX - Main
3217 Sherwood Way, San Angelo, TX for sale Aerial- Image 2 of 3
3217 Sherwood Way - San Angelo, TX - Aerial

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Starbucks | 3217 Sherwood Way
(332) 345-4222 x

Starbucks | 3217 Sherwood Way

1/3

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Matthew Anuszkiewicz

(914) 403-7574

(914) 403-7574

Patrick Finn

(332) 345-7297

(332) 345-7297

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