3611 S Texas Ave, Bryan, TX 77802
Free-standing commercial building with canopy, ready for occupancy.
- Added:
- Aug 31, 2021
- Days on Market:
- 1773
- Last Refresh:
- Jul 2 at 6:57 am
Property Features for 3611 S Texas Ave
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1972
Listing office SRA Strategic Realty Advisors, LLC (979) 431-5566
Listing date Aug 31, 2021
Source Crexi
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 SRA Strategic Realty Advisors, LLC
HighLights
- Free standing commercial building
- Located on a busy street in Bryan, TX
- Includes a canopy
- Formerly a C‑store
- Includes two gas pumps
- Ready for occupancy
Overview
Local Financial Insights For Specialty 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 | $27.0k | $18.00 |
| − Vacancy | −$1.8k | −$1.17 |
| EGI | $25.2k | $16.83 |
| − OpEx | −$6.3k | −$4.21 |
| NOI | $18.9k | $12.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bryan
- County
- Brazos
- State
- Texas
- Longitude
- -96.389599
- Latitude
- 30.70127
