4505 Sherwood Way | San Angelo, TX 76901
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4505 Sherwood Way
San Angelo, TX 76901
Outback Steakhouse: San Angelo, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN lease features ±12.0 years of primary term remaining with three 5-year renewal options and a corporate guaranty from Bloomin’ Brands.
- Located on Sherwood Way (24,040 VPD), where it is just feet from the on-ramp of TX-306 Loop (39,118 VPD).
- 7.5 MSF of retail, 2.7 MSF of office, 1.9 MSF of industrial, and 7,905 multifamily units within a 5-mile radius.
- The offering boasts rare annual rent increases of 1.8%.
- Positioned as an outparcel to the Sherwood Oaks Shopping Center, which is anchored by Cinemark Tinseltown USA and Crunch Fitness.
- The site is within 1 mile of over 3,000 households, providing Outback with a substantial built-in customer base within walking distance.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,184 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.20 AC
Zoning
Commericial
Parking
117 Spaces (18.92 Spaces per 1,000 SF Leased)
Frontage
425 ft on Sherwood Way
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 23-41410-0001-005-00 | Improvements Assessment | $835,715 |
| Land Assessment | $488,584 | Total Assessment | $1,324,300 |
PROPERTY TAXES
Parcel Number
23-41410-0001-005-00
Land Assessment
$488,584
Improvements Assessment
$835,715
Total Assessment
$1,324,300
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