Lake View Towne Centre

Shopping Center for Lease
Catylist Listing ID: 2003651
Property Subtypes: Mixed Use, Strip Center
Contiguous Space: 2,000 - 5,000 SF
Building Size (RSF): 23,940 SF
Gross Building Area: See Agent
Lease Rate: $14 PSF (Annual)
Base Monthly Rent: $2,333 - 5,833
Lease Types: NNN
Building Name: Lake View Towne Centre
Last Updated: 12/19/2018

Overview / Comments

23,940 sqft Center at the signalized entry to Wal-Mart, 2008 Construction.
Current Availability -
- Suite 101 - east end cap being 5,000 sqft (will divide) second generation space. Primarily open retail space with storage area and 2 restrooms, display windows along entire front and partial side.
- Suite 157 - Former Verizon - 1,500 sqft open entry area with dividing wall leading to back office and storage.

Co-tenants include: Cato, Check N Go, Sally's Beauty Supply, Instyle Nail Salon, Dollar Tree.

NNN expense is based on 2018 Projections of CAM ($2.14 sqft), Insurance ($0.48 sqft), and Tax ($1.24 sqft), total NNN $3.86 per sqft per year. Base rent is $14 per sqft, price increase for smaller division of the 5,000 sqft portion would depend on size and location but minimum 2,500 sqft for end cap discussion.

There's been substantial activity and development surrounding the 29th/Bryant intersection with Walgreens on the corner, Super Wal-Mart and main entrance located directly across the street, Tom Green County Offices in former Wal-Mart Center, new Shannon Medical Facility facing Bryant, new construction of Melrose and Mcallister's Deli.

Expand All Available Space

Suite: 101 5,000 SF $14 PSF (Annual) NNN
Space Available: 5,000 SF
Minimum Divisible: 2,000 SF
Lease Rate: $14 PSF (Annual)
$2,333 - 5,833 (Monthly)
Lease Type: NNN
Space Description: Former Shoe Show Location. East end cap, primarily open retail space, main area consisting of approximately 4,035 sqft (53.10X75) with a divided storage area and 2 restrooms along the west end being 965 sqft (12.10X75). The space is finished and ready for immediate occupancy. Retail area consists of carpet , large display windows all along the front and partial side, all HVAC and electrical to code.

Landlord will consider dividing space depending on tenant needs. Minimum division of 1,500 sqft (20X75) interior or 2,500 sqft end cap.

TI negotiable depending on terms of the lease.
Space Subcategory: Strip Center
Date Available: 8/1/2018
Lease Term: 60 Months
Space Type: Relet
CAM Expenses $3.86 PSF (Annual)

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Tax ID/APN: 16-30920-0000-027-00
Zoning: CG
Retail Clientele: General
Property Located Between: HWY 87 and Chadbourne
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: 29th
Traffic/Vehicle Count: 19,020
Property Condition: Excellent
Year Built: 2008

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,709 46,584 84,725
Median Age: 32.02 35.2 34.04
Households: 2,838 17,881 32,658
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