1501 University Dr College Station, TX 77840
- Commercial real estate
- 4,053 SF
- 2.09 lot acres
Current Use by Public Records
- Chico's / (Bike/Boat/Book/etc) Store / Clothing & Fashion Store
- SKECHERS Factory Outlet / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
- Minuti Coffee / Cafe & Coffee Shop
- Balanced Foods - College Station / Specialty Food Shop
- 5.11 Tactical / (Bike/Boat/Book/etc) Store
Property Details for 1501 University Dr
- Year built
- 2004
- Construction
- STEEL FRAME
- Lot size
- 2.09 lot acres
- Property size
- 4,053 SF
- Property type
- Commercial real estate
- APN
- 290480-0101-0081
- APU
- 29048001010081
Description
Gateway Station, located at 1501 University Drive East in College Station, Texas 77840, offers a prime retail space within a thriving 450,000 square foot shopping center. This exceptional property boasts a highly desirable location, strategically positioned off Highway 6 and University Drive, providing unparalleled access to a substantial customer base. The center is anchored by prominent national retailers such as PetSmart, Michaels, and is adjacent to a Home Depot, ensuring high foot traffic and brand recognition. The available space, totaling 2,328 square feet, is part of a larger 21,000 square foot lifestyle component that includes well-established tenants like Chico's, Talbots, Skechers, Minuti Coffee, and 5.11 Tactical. This creates a synergistic environment, attracting a diverse range of shoppers. The space is adaptable to various retail or restaurant concepts, with a minimum divisible space of 1,754 square feet. The property's proximity to Texas A&M University, with its over 50,000 students, guarantees a consistent flow of potential customers. This presents a unique opportunity to establish a successful business within a vibrant and established shopping center in a high-growth area of Brazos County. The property is classified as a shopping center with multiple suites, offering a dynamic and bustling atmosphere. This is an exceptional opportunity for businesses seeking high visibility and a strong customer base in College Station.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $560,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $740,000
- 6.5%
- $680,000
- 7%
- $630,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $693,000
Market price range: $279k - $694k
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Location Insight
- Map
- Local Demand
- City
- College Station
- County
- Brazos
- State
- Texas
- Longitude
- -96.3162
- Latitude
- 30.6383
- CBSA code
- 17780
- CBSA name
- COLLEGE STATION-BRYAN, TX METROPOLITAN STATISTICAL AREA