Three Tenant National Credit Strip (San Angelo, TX)
3-Tenant Strip | Pad to Walmart and H-E-B Adjacent | National Tenants
Marketing description
Strong Tenant Lineup | 100% Occupied | NNN Leases
• The offering consists of a strong tenant lineup, creating a stabilized, income stream for a new investor
• The property is divided into three suites with Starbucks occupying 2,150 SF, Crumbl Cookies occupying 1,236 SF, and Stanton Optical occupying the remaining 2,400 SF
• All tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor
Outparcel To Walmart Supercenter | Across From H-E-B | Retail Corridor | Strong National/Credit Tenant Presence
• The asset is strategically positioned as an outparcel to a Walmart Supercenter, significantly increasing consumer traffic to the center
• The property is located across from a recently constructed H-E-B grocery store, one of the leading grocers in the state of Texas
• The property is in the center of a primary retail corridor with other
nearby national/credit tenants including Sam’s Club, Kohl’s, Lowe’s Home Improvement, Target, Academy, Hobby Lobby, PetSmart, Best Buy, Chick-fil-A, Panda Express, and more, further increasing consumer traffic to the site
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
Strong Demographics In 5-Mile Trade Area
• The 5-mile trade area is supported by approximately 66,700 residents and 36,100 employees, providing a direct consumer base from which to draw
• Residents within 1 mile of the subject property boast an affluent average household income of $120,755.
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