Sunset Plaza Shopping Center

Highlights:

• Gross Income: $ 0.0

Description:

The property is located just off the main thoroughfare in San Angelo which is Loop 306 and is located just off one of the main arteries in the city which is Sherwood Way. The property is located next door to Ashley Furniture and Target, which is a huge draw in the market. The property is also located less than a mile from Sunset Mall and strong retailers including Wal-Mart, HEB, Lowe's, and Sam's Club.

The property is also located less than three miles from Angelo State University. Angelo State University (ASU) is a public university located in San Angelo, Texas, United States. Founded in 1928, it is a member of the Texas Tech University System and offers undergraduate and graduate degree programs in a variety of fields, including business, education, nursing, psychology, and more. ASU has a diverse student body, with over 10,000 students enrolled from all 50 states and over 50 countries

Sunset Plaza Shopping Center

100% Leased with 99% National Retailer Lineup

47% of the Center has Fresh Term on New Leases

NNN Leases

Proximity to Angelo State University

"Main & Main" location of San Angelo at Loop 306 and Sherwood Way

Assumable Debt - Approx. 50% down payment, 5.04% interest for 2.5 years

Coldwell Banker Commercial, Capital Advisors, as the exclusive broker, presents the opportunity to acquire Sunset
Plaza Shopping Center, a dominant 91,980 SF Power center located at 4157 Sunset Drive, San Angelo, TX. Strategically
situated just inside Loop 306 on Sherwood Way, the main East/West thoroughfare through San Angelo, this property is attractively located. San Angelo, home to Angelo State University, is ranked Top 12 in Texas in population growth and has been experiencing steady growth over the past few years.

Sunset Plaza Shopping Center is comprised of National Tenants, accounting for 99% of the Total GLA. Within the last 3 years, 47% of the shopping center has seen brand new long-term leases put in place. This sought-after location has garnered interest from numerous national retailers inquiring about availability in the center.

This offering presents a strong opportunity for investors to acquire a stabilized, credit-worthy tenant anchored shopping
center in one of the fastest-growing cities in Texas. At 100% occupancy, Sunset Plaza Shopping Center provides a unique investment opportunity.

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Report Listing This listing was syndicated through:

Listing ID: f48da8ed-f0fd-4a88-8ffc-0abbdcbd301d

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