2144 Harvey Mitchell Pky S - Freestanding FOR SALE


College Station, TX 77845- Southwood Valley
$1,200,000 USD
409-781-7734
2144 Harvey Mitchell Pky S, College Station, TX for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/13
null | 8% Cap Rate

2144 Harvey Mitchell Pky S
College Station, TX 77845
Southwood Valley


HIGHLIGHTS

  • Absolute NNN Lease structure provides passive income to Landlord with little management responsibility.
  • Tenant maintains the site and building, including roof and structure.
  • Modest rental rate, attractive yield, and low price per SF, create the potential for significant future upside.
  • One (1) additional Five (5) year extension option.
  • Shadow anchored by the most frequently visited Walmart in the region
  • 5 Mile population in excess of 150,000

OVERVIEW

OLDHAM GOODWIN is pleased to present 2144 Harvey Mitchell Parkway for your consideration. This 6,300 SF retail building in College Station, TX, is located in a high traffic corridor anchored by a Wal-Mart Supercenter, with direct visibility and exposure to over 34,000 cars per day on Harvey Mitchell Parkway. The property benefits from a new ten (10) year absolute net lease with Glo Premier Auto Spa, who specializes in car wraps, paint protection, and window tinting. The modest rental rate, attractive yield, and low price per SF, create the potential for significant future upside.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Glo Premier Auto Spa

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

GC

APN/PARCEL ID

83109

ASK ABOUT THIS PROPERTY

Clint OldhamOldham Goodwin Group, LLC.More Info
409-781-7734

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Clint OldhamOldham Goodwin Group, LLC.More Info
409-781-7734

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.