Mixed Use NNN Leased Retail Center
3006 Barron Road, College Station, TX
Property Overview
FOR SALE
- Sales Price $2,350,000
- NOI (Current) $161,335
- Cap Rate (Pro Forma) 8.25%
- NOI (Pro Forma) $199,220
- Occupancy 86%
SUMMARY
OLDHAM GOODWIN is pleased to present the Urban Table Center for your consideration. The property is a two-story retail building, with prominent frontage and visibility on SH-40 in College Station, TX. The center is anchored by a five (5) year NNN lease with Urban Table and a lease with College Station Physical Therapy. The property presents a value-add purchase opportunity for investors with the lease up of the last vacancy, as well as an opportunity for an owner occupant.
PROPERTY HIGHLIGHTS
EXCELLENT LOCATION
Texas A&M is the second largest University in the United States with a fall 2024 enrollment of nearly 80,000 students.
Great daytime traffic and close proximity to major retail nodes.
GREAT VISIBILITY AND STRONG TRAFFIC COUNTS
Signalized intersection allows for great access to property from all directions.
RARE FIND, NEWER CONSTRUCTION RETAIL WITH MODEST RENTAL RATES
NNN leases with minimal Landlord responsibility.
BUSINESS FRIENDLY ENVIRONMENT
Bryan/College Station voted #1 Best Small Places for Business in Texas.
Bryan/College Station has the highest job growth rate in Texas for mid-sized area.
Texas is consistently ranked highly for its business-friendly environment and strong economy.
Texas has no State Income Tax.
Investment Services
Clinton D. Oldham, SIOR
Managing Director | Investment Sales
Oldham Goodwin
D: (979) 977-6081
C: (409) 781-7734
C: (409) 781-7734
Powered by SharpLaunch
