Burlington Leases Retail Space In San Angelo At 4238 Sunset Drive
LEASED
Texas
See Similar DealsRetail45,000 SF
Leased 12/10/2020
LEASED
Burlington Leases Retail Space In San Angelo At 4238 Sunset Drive
4238 Sunset Drive, San Angelo, TX, USA
See Similar DealsRetail45,000 SF
Leased 12/10/2020
Summary
TEXAS
Asset Type:Retail
Total Square Footage:45,000 SF
Transaction Type:Lease
The retail property located at 4238 Sunset Drive in San Angelo has recently been leased to Burlington. The lease was finalized on December 10, 2020. The property is owned by N3 Real Estate, represented by Brenna Wadleigh. The lease agreement was facilitated by Brenna Wadleigh as well.
Summary of transaction details
- Property Type: Retail
- Transaction Date: December 10, 2020
- Address: 4238 Sunset Drive
- Market: San Angelo
- Tenant: Burlington
- Landlord: N3 Real Estate
- Landlord's Representative: Brenna Wadleigh
The lease agreement between Burlington and the property's landlord, N3 Real Estate, was successfully negotiated by Brenna Wadleigh. This lease transaction marks a new addition to the retail market in San Angelo.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,579,372.85
Total Lease Value
$25,793,728.45
Net Landlord Cash Flow$2,579,372.85
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