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Off Market
1/5

5555 Sherwood Way
San Angelo, TX 76904


HIGHLIGHTS

  • Outperforms 90% of all Wendy’s in Texas
  • Pad to high performing Walmart with 2.5 million annual visits
  • Pad to top performing Lowe’s - 84% percentile nationally
  • Tenant renovated the property and requested a 10-year lease extension
  • Tenant supplies a unit level P&L - 2.5m annual sales - 5.4% R/S
  • 24-year below market billboard ground lease with 32,000+ vehicles per day

OVERVIEW

PROPERTY OVERVIEW: HMX Realty Advisors exclusively presents for sale a top performing, recently renovated Wendy’s with a new 10-year lease. This Wendy’s sales are 2.5 million which makes it outperform 90% of all Wendy's in Texas. The rent to sales ratio is a healthy 5.4% making it a top performer. The property is a pad site to a Walmart Supercenter with 2.5 million annual visits and Lowe’s which ranks in the top 84% of all Lowe’s nationally. There is also a ground leased double-sided electronic billboard on the property which speaks to the locations very high traffic counts of 32,022 vehicles per day. The Wendy’s is open until 1:30 AM demonstrating its strategic location. HEB is across the street with Chick-Fil-A and Chipotle, all high-ranking performers. Kohl's and Sam's Club are directly to the south and the 560,000 sf Sunset Mall is to the north with Marshalls, Ross, HomeGoods and JCPenney. This is a very dense retail corridor which supports two HEB grocery stores TENANT OVERVIEW: Wendy’s is leased to Wendab Associates, part of WendPartners Franchise Group, Wendy’s largest franchisee with 329 locations.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

RE-PRICED Top Performing Wendy's in Texas

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

3450

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

08-21925-0001-006-30