3032 Barron Rd
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3032 Barron Rd
4,960 SF 100% Leased Retail Building College Station, TX 77845 $1,898,640 CAD ($383 CAD/SF) 7.63% Cap Rate
Investment Highlights
- NNN Lease structure allows for minimal Landlord oversight and management responsibility.
- Class A new construction with modern finishes. Ideal property for retail and essential service uses.
- Exposure to over 20,000 vehicles per day on SH-40.
- 100% occupied, BCS Fitness has a 21-year operating history.
- Situated in the CityView Southwest development. Easily accessible at the corner of Barron Road and William D. Fitch Parkway.
- Located in the heart of College Station’s southern expansion path with significant growth in the immediate area.
Executive Summary
OLDHAM GOODWIN is pleased to present the opportunity to acquire 3032 Barron Road, a 4,960 SF Class A professional building in the newly developed CityView Southwest Development. CityView is highly visible and easily accessible, located at the corner of Barron Road and William D. Fitch Parkway, and positioned in the heart of College Station’s southerly growth path. The property is 100% occupied with NNN leases. BCS Fitness, who has a 21-year operating history, occupies the first floor, and Texas Precious Metals occupies the second floor. 3032 Barron is a rare opportunity to purchase a NNN leased investment property with a good return, at a lower price point.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,960 SF
Building Class
B
Year Built
2018
Price
$1,898,640 CAD
Price Per SF
$383 CAD
Cap Rate
7.63%
NOI
$144,817 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.44
Land Acres
0.26 AC
Zoning
SC - Suburban Commercial
Amenities
- Air Conditioning
- Balcony
PROPERTY TAXES
Parcel Number | 191150-0001-0010 | Improvements Assessment | $1,920,317 CAD |
Land Assessment | $285,572 CAD | Total Assessment | $2,205,889 CAD |
PROPERTY TAXES
Parcel Number
191150-0001-0010
Land Assessment
$285,572 CAD
Improvements Assessment
$1,920,317 CAD
Total Assessment
$2,205,889 CAD
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3032 Barron Rd
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