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The Yard at Caprock Crossing 1551 Greens Prairie Rd W 26,200 SF 100% Leased Retail Building College Station, TX 77845 $8,000,000 ($305.34/SF) 7.12% Cap Rate
Investment Highlights
- Fully leased and anchored by strong tenants with mutli year leases in place
- Highly visible from State Highway 40 and Greens Prairie Rd, with easy access to State Highway 6
- Situated in a thriving submarket that boasts potential for sustained rapid growth
Executive Summary
Caprock Development is pleased to present The Yard at Caprock Crossing, a 3-building, multi tenant office and retail property for your consideration. Constructed in 2018/2020 and located in the desirable South College Station submarket, this ~26,200 square foot retail/office property is fully leased and boasts a strong mix of local and regional tenants. The property is situated in the established development of Caprock Crossing and is surrounded by a strong mix of established restaurant, retail, and medical users. This property is well situated in a rapidly growing area with a multitude of established residential developments already in place, and more planned in the near future.
Property Facts
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
26,200 SF
Building Class
B
Year Built
2018
Price
$8,000,000
Price Per SF
$305.34
Cap Rate
7.12%
NOI
$569,267
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.15
Lot Size
3.99 AC
Zoning
GC - General Commercial
Parking
200 Spaces (7.63 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Brazos County Properties, LLC
- Real Estate
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Common Area
- -
-
99,999 SF
- -
- -
- -
- KCI
- Professional, Scientific, and Technical Services
-
99,999 SF
- -
- -
- -
- Knife River
- Construction
-
99,999 SF
- -
- -
- -
- Marfa Texas Kitchen
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Pumpco
- Construction
-
99,999 SF
- -
- -
- -
- Uncorked Wine Bar
- Accommodation and Food Services
-
99,999 SF
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Brazos County Properties, LLC | Real Estate | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Common Area | - | 99,999 SF | - | - | - | |
| KCI | Professional, Scientific, and Technical Services | 99,999 SF | - | - | - | |
| Knife River | Construction | 99,999 SF | - | - | - | |
| Marfa Texas Kitchen | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - | |
| Pumpco | Construction | 99,999 SF | - | - | - | |
| Uncorked Wine Bar | Accommodation and Food Services | 99,999 SF | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 365242 | Improvements Assessment | $942,081 |
| Land Assessment | $1,577,961 | Total Assessment | $2,520,042 |
Property Taxes
Parcel Number
365242
Land Assessment
$1,577,961
Improvements Assessment
$942,081
Total Assessment
$2,520,042
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The Yard at Caprock Crossing | 1551 Greens Prairie Rd W
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