3217 Sherwood Way - Fast Food FOR SALE


San Angelo, TX 76901
$1,305,818 USD
332-345-4222
3217 Sherwood Way, San Angelo, TX for Sale
$1,305,818 USD
Fast Food - FOR SALE
1/2
null | 5.5% Cap Rate

3217 Sherwood Way
San Angelo, TX 76901


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,305,818 USD

PRICE/SF

$871 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

01-10600-0003-004-00

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.