2602 Sherwood Way Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale the Golden Chick Absolute NNN Fast Food Asset Located in San Angelo, Texas. This Deal Includes 10+ Years Remaining on an Absolute Triple Net (NNN) Lease, With Zero Landlord Responsibilities and Attractive Rent Increases, Providing For a Secured Investment.

10+ Years on an Absolute Triple Net (NNN) Sale Leaseback With Zero Landlord Responsibilities
Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years
15 Unit Guarantee From an Experienced and Growing Regional QSR Operator With Proven Success in the Local Market
High Performing Store With Sales Above National Average For Golden Chick
Stabilized and Sustainable Rent at $28.70/SF
Strong Demographics With a Population of 64,308 Residents and an Average Household Income of $70,387 Within a 3-Mile Radius
High Population Growth Area; Population Anticipated to Grow By 2.4% Over the Next 5 Years
2021 Remodel Showing Long Term Commitment to Site
Located Along High Traffic Retail Corridor With Multiple Points of Access; Sherwood Way Sees Over 15,000 VPD
Next to Recently Developed H-E-B Anchored Shopping Center and Down the Street From Walmart Supercenter and Lowe’s; Benefits From Maximum Traffic Due to the Location to National Credit Tenants
2 Minutes From Angelo State University; Over 10,000 Students Enrolled and Close Proximity to TLCA Academy
In Close Proximity to Sunset Mall, 559,684 SF Shopping Center Featuring Over 70 Major Retailers
Nearby Tenants: Walmart, Pizza Hut, Papa Johns, Starbucks, Sonic, HEB, Lowe’s, Taco Bell, Goodwill, Subway, Cotton Patch, Freddy’s, Buffalo Wild Wings, Hobby Lobby, Outback Steakhouse, Chicken Express and More