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Sherwood Oaks Shopping Center 4509 Sherwood Way 23,600 SF 100% Leased Retail Building San Angelo, TX 76901 $8,163,618 CAD ($345.92 CAD/SF) 7.30% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% Leased | 8 Tenant Center | Diverse Tenant Mix | Commercial Hub to Metro Area with 121,500+ population
  • Excellent visibility with traffic counts of 41,050+ VPD on TX-306 Loop and 20,850+ VPD on Sherwood Way
  • NN Leases | Below Market Rents at $17.55 PSF | Value Add Upside Potential | New Roof 2025
  • Situated amongst a multitude of national retailers | $97,242 Avg. HH Income in 1-mile radius

EXECUTIVE SUMMARY

TREK Investment Group is pleased to present the following pricing proposal for Sherwood Oaks Shopping Center in San Angelo, TX which serves as the commercial hub for the 121,500-person metro area. This fully leased, multi-tenant retail asset is strategically situated just off Highway 67 and the TX-306 Loop within San Angelo’s most active retail corridor. This prime corridor records daily traffic volumes of approximately 41,050+ VPD on the Loop and 20,850+ VPD on Sherwood Way. The center enjoys proximity to national retailers, including Walmart Supercenter, Home Depot, Target, Sam’s Club, Lowe’s, Best Buy, Chick-fil-A, H-E-B, and Starbucks, all contributing to a powerful retail synergy and strong consumer draw. The surrounding one-mile radius supports over 3,800 households boasting an average household income of $97,242 - significantly above the local median. Sherwood Oaks Shopping Center delivers a, excellent opportunity to acquire an investment in a vibrant, income-tax-free Texas market investors seeking long-term stability and growth.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
23,600 SF
Building Class
B
Year Built
2007
Price
$8,163,618 CAD
Price Per SF
$345.92 CAD
Cap Rate
7.30%
NOI
$596,259 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
4.00 AC
Parking
60 Spaces

AMENITIES

  • Pylon Sign
  • Signage

NEARBY MAJOR RETAILERS

McAlister's Deli
Outback Steakhouse
Applebee's
Fuzzy's Taco Shop
Fitness 1440
Chili's Grill & Bar
Anytime Fitness
Freddy's Frozen Custard & Steakburgers
Buffalo Wild Wings
Rosa's Cafe

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-41410-0001-003-30
Land Assessment
$1,546,638 CAD
Improvements Assessment
$3,357,914 CAD
Total Assessment
$4,904,551 CAD
  • Listing ID: 36354060

  • Date on Market: 2025-06-23

  • Last Updated:

  • Address: 4509 Sherwood Way, San Angelo, TX 76901

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