Built-Out Conventional
For Sale
Contact for pricing
3006 Barron Rd, College Station, TX 77845
2018 construction combines dining, bar, and entertainment areas with included furniture, fixtures, and equipment.
Property Size8,668 SF
Price / SF$252.65
Days on Market161
Property Features for 3006 Barron Rd
General Information
Standard status
Active
Size
8,668 SF
Class
A
Property subtype
Retail, Hospitality
Zoning
SC
Building Details
Year Built
2018
Buildings
1
Stories
2
Listing Agency:
Bell Properties
(979) 218-1565
Listed By:
Karen Jacks · License #663615
Source:
Crexi
Added: Mar 25
Changed: Aug 30
Last Checked: Aug 30 at 7:33PM
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 Bell Properties
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$109,412
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,188,240
$2.2M
Cap Rate 7%
$1,563,029
$1.6M
Cap Rate 9%
$1,215,689
$1.2M
Market Conditions
NOI Build-Up for 8,668 SF
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $109,412 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.13M
$1.87M – $2.49M
NOI $149,409 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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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 $2,190,000.
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
