2319 S Texas Ave - Auto Repair FOR SALE


College Station, TX 77840- Wolf Pen Creek District
$3,000,000 USD
409-781-7734
2319 S Texas Ave, College Station, TX for Sale
$3,000,000 USD
Auto Repair - FOR SALE
1/12
null | 6% Cap Rate

2319 S Texas Ave
College Station, TX 77840
Wolf Pen Creek District


HIGHLIGHTS

  • NNN Lease structure provides passive income to Landlord with little management responsibility
  • One (1) additional Ten (10) year extension option
  • Tenant maintains the site and building, including roof and HVAC
  • Target, HEB, Hobby Lobby, Ross, and many other retailers in the immediate area
  • Located near the heavily trafficked intersection of Harvey Mitchell Parkway (34,789 VPD) and Texas Avenue (32,798VPD)
  • Large parcel allows excess parking and future expansion opportunity

OVERVIEW

OLDHAM GOODWIN is pleased to present 2319 Texas Avenue South for your consideration. This 7,336 SF retail building in College Station, TX, is located in a high traffic corridor with direct visibility and exposure to nearly 51,000 cars per day on Texas Avenue. The property benefits from a new ten (10) year NNN lease with a strong franchisee of Big O Tires, an automotive service franchisor of 450+ locations. This franchisee has been in business for 15 years and operates 21 Big O Tires as well as an additional four Harley-Davidson dealerships.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$409 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Big O Tires

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

GC

APN/PARCEL ID

81956

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 Notice.