Building Details

Year Built 2018

Listing Agency: About Town Realty

Listed By: Karen Jacks · License #663615 Show Phone

Source: Doorstephomegroup

Added: Mar 26 Changed: Sep 5 Last Checked: Sep 29 at 10:20AM

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Investment Insights

Based on property information with market context.

Constructed in 2018, this conventional restaurant property includes more than 6,000 square feet of built-out space for dining, bar service, and entertainment. Furniture, fixtures, and equipment are included, supporting continued restaurant operations without removing the existing improvements. The building also contains two suites of approximately 1,642 square feet each, adding flexibility for office, retail, or supplemental occupancy. Zoned SC, the property is located at 3006 Barron Rd in College Station, Texas, with frontage along State Highway 40. The configuration can accommodate a single restaurant user or separate occupancy across the main space and additional suites.

Key Highlights

• More than 6,000 square feet of second‑generation restaurant space
• Furniture, fixtures, and equipment included in the sale
• Two approximately 1,642‑square‑foot suites

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$109,412

Cap Rate

5.76%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,188,240 $2.2M

Cap Rate 7%

$1,563,029 $1.6M

Cap Rate 9%

$1,215,689 $1.2M

Is this asking price fair?

Market Conditions

NOI Build-Up for 8,668 SF

Gross rent

$156.0K $18.00/SF

− Vacancy

−$10.1K −$1.17/SF

EGI

$145.9K $16.83/SF

− OpEx

−$36.5K −$4.21/SF

NOI

$109.4K $12.62/SF

Area

College Station, TX

Vacancy

6.50%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,188,240

Cap Rate 7%

$1,563,029

Cap Rate 9%

$1,215,689

Alternative Uses

Best Use

Specialty Retail

$1.56M

$1.37M – $1.82M (±1% cap)

NOI $109,412 @ 7.0% cap · market cap 5.76%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.13M

$1.87M – $2.49M (±1% cap)

NOI $149,409 @ 7.0% cap · market cap 7.86%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Urban Table Restaurant College Station Physical ... Physician

Suggested Use

Top Pick Restaurant Building Supply Real Estate Agency Big Box & Wholesale Store Hair Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

107

Businesses Nearby

4k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

7-Eleven Shops & Services

4,324 visits/mo 0.5 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

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - 2018 construction combines dining, bar, and entertainment areas with included furniture, fixtures, and equipment.

Where is this conventional restaurant located?

The property is located at 3006 Barron Rd College Station, TX.

What is the asking price?

The asking price for this property is $1,900,900.

What are key features of this property?

This property features: More than 6,000 square feet of second‑generation restaurant space; Furniture, fixtures, and equipment included in the sale; Two approximately 1,642‑square‑foot suites