2,990 sqft Former Payless Shoe Endcap Available

Retail-Commercial for Lease
Lease Pending
Catylist Listing ID: 30088933
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Status: Pending
Contiguous Space: 2,990 SF
Building Size (RSF): 2,990 SF
Gross Building Area: 13,800 SF
Gross Land Area: 1.20 Acres
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $4,983
Lease Types: NNN
Building Name: San Angelo Retail
Last Updated: 1/2/2018

Overview / Comments

The property is a 13,800 sqft multi-tenant retail center located in the Walmart Parking lot off the intersection of Sherwood Way and Southland. Currently the center is 100% occupied with national credit tenants consisting of Dollar Tree, Sally Beauty and Check N Go. The available 2,990 sqft end cap is currently occupied by Payless ShoeSource (vacating in June)

Ideal location in the fastest growing area of San Angelo. This center provides incredible visibility with location directly between Sam's Club &Walmart Supercenter as well as Lowe's Home Improvement. Currently there is a major development directly across Sherwood Way with HEB under construction on their newest location as well as substantial updates to ingress/egress to improve traffic flow in all directions.

Expand All Available Space

Suite: 5150A 2,990 SF $20 PSF (Annual) NNN
Status: Pending
Space Available: 2,990 SF
Lease Rate: $20 PSF (Annual)
$4,983 (Monthly)
Lease Type: NNN
Date Available: 11/1/2017
Lease Term: 60 Months
Space Type: Relet
Tax Expenses $1.15 PSF (Annual)
Operating Expenses $2.46 PSF (Annual)

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Taxing Authority: Tom Green
Retail Clientele: General, Family, Business, Traveler
Property Visibility: Excellent
Feet of Frontage: 25
Area Description: The center is located on Southland Boulevard directly southwest of Sherwood Way and Loop 306. It is an out-parcel to Walmart Supercenter and Lowe’s, with Sam’s Club, Chick-fil-A, Dairy Queen, Wendy’s, Stripes, and the new HEB also in the immediate area. This prime retail corridor continues to the east of Loop 306. Sunset Mall, a 550,000-square foot Simon Property, is anchored by Dillard’s, JC Penney, Sears, Marshalls and Beall’s. Other surrounding retailers include Target, Bed Bath & Beyond, Ross, Office Max, Office Depot, Best Buy, Academy and many more.
Tenancy: Multiple Tenants
Property Condition: Good
Year Built: 1995
Roof Type: Flat
Construction/Siding: Block
Parking Ratio: 5.1 (per 1000 SF)
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Currently divided with large open retail with shoe racks, total interior measurement 93.26'X24.7' leading to a storage and loading area in the back (20X24) and 2 restrooms.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,101 38,329 68,613
Median Age: 38.56 35.62 35.38
Households: 2,023 15,490 27,686
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