Retail Shopping Center Built
For Sale
$3,500,000
3004 Holleman Drive South College, College Station, TX 77845
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 Market169
Property Features for 3004 Holleman Drive South College
General Information
Standard status
Active
Size
11,953 SF
Property subtype
Strip Center
Occupancy
50%
Building Details
Building Size
11,953 SF
Year Built
2018
Properties For Sale
at 3004 Holleman Drive South College Contact us3004 Holeman Dr S - Suite 300
Size
2,000 SF
Lease Type
NNN
3004 Holeman Dr S - Suite 400
Size
2,000 SF
Lease Type
NNN
3004 Holeman Dr S - Suite 500
Size
2,000 SF
Lease Type
NNN
Listing Agency:
Stafford Barrett Commercial Brokerage
Listed By:
Barry Moore, CCIM
(979) 260-5000
Source:
Thebrokerlist
Added: May 7
Changed: Oct 4
Last Checked: Oct 20 at 5:04PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,322
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,586,440
$2.6M
Cap Rate 7%
$1,847,457
$1.8M
Cap Rate 9%
$1,436,911
$1.4M
Market Conditions
NOI Build-Up for 11,953 SF
Gross rent
$200.8K $16.80/SF
− Vacancy
−$16.1K −$1.34/SF
EGI
$184.7K $15.46/SF
− OpEx
−$55.4K −$4.64/SF
NOI
$129.3K $10.82/SF
Area
College Station, TX
Vacancy
8.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,586,440
Cap Rate 7%
$1,847,457
Cap Rate 9%
$1,436,911
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Groceries 6%
Dining 3%
Exxon
Shops & Services
18,084 visits/mo
0.2 miles
Shell
Shops & Services
11,151 visits/mo
0.2 miles
Liquor Mart
Groceries
2,060 visits/mo
0.2 miles
SUBWAY
Dining
963 visits/mo
0.2 miles
Demographics for 77845, TX
70,108
Population
31,464
Households
2.2
Avg Household Size
30
Median Age
61%
College-Educated
96%
High-School Grad
142.5 sq mi
ZIP Area
492
Density / Sq Mi
$90,434
Median Household Income
$46,532
Median Earnings
$1,384
Median Rent
$349,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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
