Current Use by Public Records
- Garver / Engineering Consultant
Property Details for 402 Harvey Mitchell Pkwy
- Property type
- Office Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- College Station
- County
- Brazos
- State
- Texas
- Longitude
- -96.368
- Latitude
- 30.6052
