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Property profile

402 Harvey Mitchell Pkwy College Station, TX 77845

OFF-MARKET
Office Spaces
25,946 SF
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Property summary

AI-generated overview

This exceptional Class A office building, located at 402 Harvey Mitchell Pkwy S in College Station, Texas, presents a compelling investment opportunity. The 25,946 square foot property boasts a strong 7.00% capitalization rate and a substantial net operating income (NOI) of $519,877. Currently 100% occupied by Garver Engineering, a national-credit tenant, under a triple-net (NNN) lease with over five years remaining, this asset offers exceptional stability and predictable cash flow. Its prime location adjacent to Texas A&M University provides unparalleled access to a highly skilled workforce and a vibrant, growing community. The property enjoys convenient access to major thoroughfares, including University Drive and State Highway 47, ensuring easy commutes for employees and clients. Furthermore, its proximity to Texas A&M University, the RELLIS Campus, and Downtown Bryan enhances its strategic value and long-term growth potential. This fully occupied, investment-grade property is offered at an asking price of $7,300,000. A joint venture opportunity is also available for qualified investors. The property's zip code is 77845, and it is situated in Brazos County.

Property profile

Verified
Property type Office Spaces
Total area 25,946 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineering Consultant

Location

402 Harvey Mitchell Pkwy College Station, TX 77845
College Station metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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