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4505 Sherwood Way
San Angelo, TX 76901

$4,353,300 USD

Restaurant For Sale  •  6,184 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,184 SF
  • Lot Size 1.2 AC
  • Building Class B
  • Year Built 2000
  • Tenancy Single
0 Transit Score
53 Walk Score

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.
The offering boasts rare annual rent increases of 1.8%.
Located on Sherwood Way (24,040 VPD), where it is just feet from the on-ramp of TX-306 Loop (39,118 VPD).
Positioned as an outparcel to the Sherwood Oaks Shopping Center, which is anchored by Cinemark Tinseltown USA and Crunch Fitness.
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 site is within 1 mile of over 3,000 households, providing Outback with a substantial built-in customer base within walking distance.

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
San Angelo Regional/Mathis Field 15 min - 8.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 117
Type: Surface
Included in Rent: Yes
Christopher Bosworth 404-923-1486 CBRE, Inc.
Christopher Bosworth 404-923-1486 CBRE, Inc.