Retail Shopping Center Built
3004 Holleman Drive South College College Station, TX 77845
3004 Holleman Drive South College, College Station, TX, 77845
$3,500,000
For Sale
$3,500,000
Holleman Crossing is a 2018 retail center with up to 6,000 SF available and 50% occupancy.
Property Size11,953 SF
Price / SF$292.81
Days on Market76
Property Features for 3004 Holleman Drive South College
General Information
- Standard status
- Active
- Size
- 11,953 SF
- Property subtype
- Strip Center
Properties For Sale
at 3004 Holleman Drive South College Contact us
Listing agency
Stafford Barrett Commercial Brokerage
(979) 260-5000
Listed by
Barry Moore, CCIM
(979) 260-5000
Source
Thebrokerlist
Added: May 7 Updated: Jul 20 at 6:20PM Checked: Jul 21 at 3:03AM
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 Stafford Barrett Commercial Brokerage
Investment Insights
Based on property information with market context.
Holleman Crossing is a retail shopping center developed in 2018 and located adjacent to the Holleman Crossing Student Housing Development. The property totals approximately 11,953 SF and currently operates at about 50% occupancy, with up to approximately 6,000 SF available for lease. The available spaces are described as highly visible and designed for retail users seeking strong exposure.
The center is positioned in a student-heavy corridor in College Station, Texas, with strong traffic counts and retail-focused activity serving nearby residents and visitors. The property is described as minutes from Texas A&M University and Easterwood Airport, and the surrounding area includes student housing complexes and retail amenities such as Century Square.
The center is positioned in a student-heavy corridor in College Station, Texas, with strong traffic counts and retail-focused activity serving nearby residents and visitors. The property is described as minutes from Texas A&M University and Easterwood Airport, and the surrounding area includes student housing complexes and retail amenities such as Century Square.
Key Highlights
- Holleman Crossing retail center developed in 2018 in College Station, TX
- Total property size of approximately 11,953 SF with up to approximately 6,000 SF available for lease
- Currently 50% occupancy
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $200.8k | $16.80 |
| − Vacancy | −$16.1k | −$1.34 |
| EGI | $184.7k | $15.46 |
| − OpEx | −$55.4k | −$4.64 |
| NOI | $129.3k | $10.82 |
11,953 SF · lease $16.80/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.16M
NOI $129,322 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.94M
$2.58M – $3.43M
NOI $206,031 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
DigitalMint Bitcoin Teller ...
Bank
Crenshaw AutoGlass Co.
Auto Repair Shop
ROCK 'N ROLL ...
(Bike/Boat/Book/etc) Store
Poché's Seafood Shoppe ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Holleman Crossing is a 2018 retail center with up to 6,000 SF available and 50% occupancy.
Where is this strip mall located?
The property is located at 3004 Holleman Drive South College College Station, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Holleman Crossing retail center developed in 2018 in College Station, TX; Total property size of approximately 11,953 SF with up to approximately 6,000 SF available for lease; Currently 50% occupancy
