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402 Harvey Mitchell Pky 25,946 SF 100% Leased Office Building College Station, TX 77845 $7,300,000 ($281.35/SF) 7.12% Cap Rate
INVESTMENT HIGHLIGHTS
- +/- 26,000 SF Class-A Office Building Available
- Currently 100% Occupied by Garver Engineering
- Joint Venture Opportunity Available
- Adjacent to Texas A&M University
- Easy access to TAMU, RELLIS, and Downtown Bryan
EXECUTIVE SUMMARY
Sago is pleased to present this fully occupied, triple-net, office investment opportunity at 402 Harvey Mitchell Pkwy S in College Station, TX. The property is 100% leased to a national-credit tenant, Garver Engineering, with over 5 years remaining on the lease term. The project is adjacent to Texas A&M University, within close proximity to University Drive and State Highway 47.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
25,946 SF
Building Class
B
Year Built
2010
Price
$7,300,000
Price Per SF
$281.35
Cap Rate
7.12%
NOI
$519,877
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
25,946 SF
Building FAR
0.27
Lot Size
2.24 AC
Opportunity Zone
Yes
Zoning
None - No Zoning Restrictions
Parking
89 Spaces (3.43 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 304674 | Improvements Assessment | $5,860,591 |
| Land Assessment | $839,409 | Total Assessment | $6,700,000 |
PROPERTY TAXES
Parcel Number
304674
Land Assessment
$839,409
Improvements Assessment
$5,860,591
Total Assessment
$6,700,000
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402 Harvey Mitchell Pky
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