Current Use by Public Records
- Retail properties & Spaces
Property Details for 2102 William Joel Bryan Pkwy
- Year built
- 2024
- Lot size
- 2.29 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a fee-simple, 6,400 square foot convenience store and gas station in Bryan, Texas. Located at the signalized, hard corner intersection of E William Joel Bryan Pkwy and Nash St (37,000 VPD), this property benefits from direct access to N Earl Rudder Fwy (64,800 VPD). The property is situated less than a mile from Colony Park, a high-performing Kroger-anchored neighborhood center. This absolute NNN net lease boasts a 20-year term commencing August 6, 2024, and expiring August 1, 2044, with a remaining term of approximately 19.7 years. The lease includes 8% rent bumps every five years and five 5-year lease options. The property sits on a 2.29-acre lot and features a strong demographic profile, supported by Bryan's 1.96% annual population growth and proximity to Texas A&M University (over 74,000 students). The average household income within a one-mile radius is $93,055. With a current NOI of $648,000 and an asking price of $9,970,000, this property offers a compelling 6.50% cap rate. Built in 2024, this asset represents a turnkey investment with significant upside potential. The property's location and strong tenant base make it an attractive addition to any portfolio. The substantial residential consumer base and convenient access to major roadways ensure consistent traffic and revenue generation.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bryan
- County
- Brazos
- State
- Texas
- Longitude
- -96.346
- Latitude
- 30.6719
