INVESTMENT PROPERTY FOR SALE - REDUCED PRICING
2335 Boonville Road
NEC HIGHWAY 6 BYPASSBryan, TX 77808
- INVESTMENT SALE FOR SALE
- College Station | Bryan
- Building Size: 3,896
- Total SF: 42,297
- Total Acres: 0.971
- Zoning: C2 Commercial
- CONTACT FOR MORE INFORMATION
- Sales Price: $2,440,000
- Cap Rate: 6.0%
Overview
Building Size: 3,896 SF approx. plus 880 SF of canopy for 4 drive-thru lanes including one ATM lane.
Parking: All concrete. 32 spaces.
Year Built: 2009
Location: At major Bryan intersection by Colony Park Shopping Center, anchored by Kroger. Only 4 1/2 miles from Texas A&M University. Surrounded by growing subdivisions.
- 20 year lease, expires 05/31/29
- Absolute Net Lease (no landlord responsibilities)
- Four (4) Five (5) year renewal options, each with 10% rental increase
- Present Base Rental and NOI of $146,410/year
Traffic Counts
- Boonville Rd:
- 24,074 vpd
- State Hwy 6:
- 69,561 vpd
Demographics
| YEAR 2024 | 1 Mile | 3 Mile | 5 Mile |
|---|---|---|---|
| Total Population | 7,678 | 55,151 | 138,379 |
| Average Household Income | $103,338 | $91,718 | $77,636 |
| Average Home Value | $265,324 | $305,004 | $313,488 |
| 5 Year Population Growth | 5.86% | 5.15% | 5.03% |
Contacts
