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5555 Sherwood Way
San Angelo, TX 76904
RE-PRICED Top Performing Wendy's in Texas · Retail Property For Sale

Investment Highlights

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

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,450 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.35 AC
Parking
24 Spaces (6.96 Spaces per 1,000 SF Leased)
Frontage
277’ on Sherwood Way

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

About 5555 SHERWOOD WAY , SAN ANGELO, TX 76904

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.

Property Taxes

Property Taxes

Parcel Number
08-21925-0001-006-30
Land Assessment
$365,630
Improvements Assessment
$746,180
Total Assessment
$1,111,810
  • Listing ID: 32273635

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 5555 Sherwood Way, San Angelo, TX 76904

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