555 William D Fitch Pkwy - Office FOR SALE


College Station, TX 77845
$1,185,000 USD
979-220-1317
555 William D Fitch Pkwy, College Station, TX for Sale
$1,185,000 USD
Office - FOR SALE
1/17
null | 5.7% Cap Rate

555 William D Fitch Pkwy
College Station, TX 77845


HIGHLIGHTS

  • 3,800 SF fully leased, single tenant building built in 2017
  • Located in the highly desirable South College Station market
  • Visibility and access from William D. Fitch
  • Modified Gross lease with expense stop
  • 2026 NOI - $68,000 (5.7% cap rate at asking price)
  • Unique opportunity to purchase investment real estate in one of the hottest markets in Texas with a quality long term tenant in place.

OVERVIEW

3,800 SF fully leased, single tenant building built in 2017 Located in the highly desirable South College Station market Visibility and access from William D. Fitch Leased to Behavioral Innovations (www.behavioral-innovations.com) since 2019, Tenant exercised its first renewal option in 2024 Tenant has grown to 134 location across 6 states (TX, OK, CO, NC, VA, MD) Current term runs through November 2029, plus a final renewal option through November 2034 at $8, 146.23/month Modified Gross lease with expense stop 2026 NOI - $68,000 (5.7% cap rate at asking price) Unique opportunity to purchase investment real estate in one of the hottest markets in Texas with a quality long term tenant in place.

FOR SALE DETAILS

PRICE

$1,185,000 USD

PRICE/SF

$329 USD /SF

CAP RATE

5.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,364 SF

ZONING

F1

APN/PARCEL ID

307334

ASK ABOUT THIS PROPERTY

Josh IsenhourClark Isenhour Real Estate Services, LLCMore Info
979-220-1317

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

Josh IsenhourClark Isenhour Real Estate Services, LLCMore Info
979-220-1317

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