Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    700 University Dr College Station, TX 77840

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Restaurant Space, Flexible Sizes

    Lot size:
    2,806 SF

    Property Features for 700 University Dr

    General Information

    Property type
    Retail properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,806 SF

    Spaces For Lease

    at 700 University Dr, College Station, TX 77840 Contact us
    Unit Suite 103

    $14 /Mo

    Size
    2,806 SF
    Contact us

    We can help!

    Listing Contact
    Josh Isenhour
    Josh Isenhour

    Listing Agency: Clark Isenhour Real Estate Services, LLC Listing Agent: Josh Isenhour

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional retail opportunity is located in the vibrant Village Business Center at 700 University Dr E, College Station, Texas, 77840. Situated in Brazos County, this property offers multiple tenancy options within a flexible space ranging from a minimum of 2,347 square feet to a maximum contiguous area of 5,689 square feet. Ideal for a restaurant or similar establishment, this location benefits from high visibility and accessibility. The property type is retail, specifically suited for a restaurant tenant. The total building square footage is not currently specified. This prime location in College Station presents a unique chance to establish or expand a thriving business. The address is easily accessible and situated within a dynamic commercial area, promising high foot traffic and excellent exposure. The property is categorized as multi-tenant, allowing for potential shared amenities or collaborative opportunities. This space provides a significant opportunity for businesses seeking a well-located and adaptable retail space in a bustling Texas college town. The property's precise dimensions offer flexibility for various restaurant concepts, allowing for customization to meet specific operational needs. This is a rare chance to secure a prominent location in a thriving market. Serious inquiries are encouraged to explore this exceptional opportunity further.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neetu Kainthla, Realtor Real Estate Agency Texas Best Water ... General Contractor Austins Colony of Bryan, ... Association Or Organization Berkshire Hathaway HomeServices ... Real Estate Agency Mario Zapata Realtor Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    College Station
    County
    Brazos
    State
    Texas
    Longitude
    -96.3276336
    Latitude
    30.6335673

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      TX, College Station - University Dr

      Discover many ways to work your way in San Antonio Airport
      511 University Dr, College Station, TX 77840
      View Details
    • $20 SF/Yr
      25,200 SF

      College Station Office Space Available

      Office space available for lease in College Station, Texas.
      1204 Copperfield Pkwy, College Station, TX 77845
      View Details
    • $25 SF/Yr
      2,300 SF

      Retail Space Available For Rent

      Retail space available for lease in College Station, TX.
      3500 Harvey Rd, College Station, TX 77845
      View Details
    • Contact for pricing

      Industrial Space with Office Features

      Industrial space featuring offices, showroom, and dock-high doors.
      3375 Rock Prairie Rd West, College Station, TX 77845
      View Details
    • $10 SF/Yr

      New Office/Warehouse Suites Available

      New construction office/warehouse suites with easy highway access.
      12948 Tonkaway Lake Rd, College Station, TX 77845
      View Details
    • $16 SF/Yr

      Iconic Office Address Near University

      Prime location near Texas A&M with high visibility.
      111 University Dr East, College Station, TX 77840
      View Details
    • $25 SF/Yr

      Holleman Crossing Retail Center Space

      Retail space available in high-traffic, student-heavy College Station corridor.
      3004 Holleman Dr South, College Station, TX 77845
      View Details
    • $32 SF/Yr

      New Class-A Office Space

      Newly constructed office space near Texas A&M University.
      40 Pamela Ln, College Station, TX 77845
      View Details
    • Contact for pricing

      Retail Center in College Station

      Retail space with ample parking and high visibility on Texas Avenue.
      2551 Texas Ave South, College Station, TX 77845
      View Details
    • $22 SF/Yr

      Copperfield Parkway Office Building

      Single-story office building in College Station's Copperfield Business Park.
      1204 Copperfield Pkwy, College Station, TX 77845
      View Details
    • $32 SF/Yr

      Restaurant Space with Drive-Thru

      Second-generation restaurant space with drive-thru in College Station, TX.
      4501 Mills Park Cir, College Station, TX 77845
      View Details
    • Contact for pricing
      1,225 SF

      Retail/Office Space Near Texas A&M

      Versatile retail/office space with high visibility near Texas A&M.
      1931 Texas Ave S, College Station, TX 77840
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Restaurant Space, Flexible Sizes
    Where is this retail property located?
    The property is located at 700 University Dr College Station, TX.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Retail/office center with high visibility from University Drive.; Located at the lighted intersection of University Drive and Tarrow Street.; 2018 TxDOT average traffic count: 39,038 vehicles per day on University Drive.
    (979) 268-6840 Call to check price and availability
    Request Owner's contact information
    700 University Dr College Station, TX 77840
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 University Dr
    College Station, TX 77840
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 University Dr College Station, TX 77840
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Josh Isenhour
    Josh Isenhour
    Real Estate License ID: 506325
    (979) 268-6840 (979) 220-1317
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!