Absolute NNN
For Sale
Contact for pricing
1006 University Drive East, College Station, TX 77840
Operating restaurant leased under an absolute NNN structure with no landlord responsibilities.
Property Size4,101 SF
Lot Size1.02 Acres
Days on Market145
Property Features for 1006 University Drive East
General Information
Standard status
Active
Size
4,101 SF
Lot size
1.02 Acres
Property subtype
Retail
Net Operating Income
$127,339
Financials
Asking Price
$2,500,000
Cap Rate
5.09%
Building Details
Year Built
2003
Listing Agency:
Coldwell Banker Commercial Capital Advisors
(806) 577-3032
Listed By:
Alex Eberhardt · License #TX
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 6:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Capital Advisors
Investment Insights
Based on property information with market context.
This freestanding restaurant property comprises a 4,101 SF building completed in 2003 on a 1.02-acre parcel. The site is occupied by McAlister’s Deli and operates under an absolute NNN lease, placing landlord responsibilities with the tenant. The Saxton Group operates the restaurant and is responsible for approximately 50 McAlister’s Deli locations across Texas and Oklahoma.
The property is positioned along University Drive in College Station, near Texas A&M University, which has an enrollment of 69,000 students. University Drive connects with Texas Avenue and Earl Rudder Freeway/Hwy 6. Nearby commercial occupants include Panera Bread, Starbucks, Chipotle, Home Depot, PetSmart, Texas Roadhouse, Best Buy, Raising Cane’s, and Whataburger. College Station is within a 3-hour drive of DFW, Houston, Austin, and San Antonio.
The property is positioned along University Drive in College Station, near Texas A&M University, which has an enrollment of 69,000 students. University Drive connects with Texas Avenue and Earl Rudder Freeway/Hwy 6. Nearby commercial occupants include Panera Bread, Starbucks, Chipotle, Home Depot, PetSmart, Texas Roadhouse, Best Buy, Raising Cane’s, and Whataburger. College Station is within a 3-hour drive of DFW, Houston, Austin, and San Antonio.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- 4,101 SF restaurant building completed in 2003
- Situated on a 1.02‑acre parcel along University Drive
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
349k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Shops & Services 14%
Hotels & Casinos 7%
Apparel 1%
Texas Roadhouse
Dining
50,313 visits/mo
0.5 miles
Wings N More
Dining
36,991 visits/mo
0.5 miles
Michaels
Shops & Services
35,783 visits/mo
0.5 miles
Rosa's Cafe
Dining
23,014 visits/mo
0.4 miles
Starbucks
Dining
21,240 visits/mo
0.5 miles
Demographics for 77840, TX
55,180
Population
25,423
Households
2.2
Avg Household Size
25
Median Age
46%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
5,518
Density / Sq Mi
$31,278
Median Household Income
$14,521
Median Earnings
$1,085
Median Rent
$241,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant leased under an absolute NNN structure with no landlord responsibilities.
Where is this conventional restaurant located?
The property is located at 1006 University Drive East College Station, TX.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; 4,101 SF restaurant building completed in 2003; Situated on a 1.02‑acre parcel along University Drive
