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2905 Southwest Blvd
San Angelo, TX 76904
Building 3 · Retail Property For Sale
Investment Highlights
- Excellent location with major national big box tenants.
Executive Summary
Prior tenants include TCP Software, Multichem, and Verizon. All tenants did extensive renovations to the building prior to occupancy. The building could be divided into two units - 37,603sf and 25,788sf, making the building appropriate for many potential uses..
The facility is located in Sunset Crossing Shopping Center, a 217,000sf retail complex anchored by Hobby Lobby, Tractor Supply, and Boot Barn, all major national retailers with long term leases. There is ample parking, with a 6:1000 ratio plus an undeveloped 6 acre parcel behind the complex that could easily provide additional parking, should the need arise. Current NNN rate are incredibly low - approximately .23/sf per month.
Numerous restaurants and retailers are located within walking distance of the facility. The economics of the area, along with extremely reasonable lease rates, create a great opportunity for a "big box" retailer, mini storage facility or large scale office tenant.
The facility is located in Sunset Crossing Shopping Center, a 217,000sf retail complex anchored by Hobby Lobby, Tractor Supply, and Boot Barn, all major national retailers with long term leases. There is ample parking, with a 6:1000 ratio plus an undeveloped 6 acre parcel behind the complex that could easily provide additional parking, should the need arise. Current NNN rate are incredibly low - approximately .23/sf per month.
Numerous restaurants and retailers are located within walking distance of the facility. The economics of the area, along with extremely reasonable lease rates, create a great opportunity for a "big box" retailer, mini storage facility or large scale office tenant.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
64,702 SF
Building Class
B
Year Built
1987
Price
$5,515,760 CAD
Price Per SF
$85.25 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.20
Lot Size
7.56 AC
Zoning
CG - zoning ordinance is included in documents
Parking
342 Spaces (5.29 Spaces per 1,000 SF Leased)
Frontage
1,348’ on Southwest Blvd
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 07-18800-0014-001-00 | Improvements Assessment | $3,179,132 CAD |
| Land Assessment | $612,953 CAD | Total Assessment | $3,792,085 CAD |
Property Taxes
Parcel Number
07-18800-0014-001-00
Land Assessment
$612,953 CAD
Improvements Assessment
$3,179,132 CAD
Total Assessment
$3,792,085 CAD
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