3163 Wildflower Dr Bryan, TX 77802
- Commercial real estate
- 6.10 lot acres
Current Use by Public Records
- pOpshelf / Seasonal Goods Store / Toy Store
Property Details for 3163 Wildflower Dr
- Lot size
- 6.10 lot acres
- Property type
- Commercial real estate
- APN
- 167930-0003-0022
- APU
- 16793000030022
Description
This exceptional investment opportunity presents a 10,640 square foot pOpshelf, a Dollar General Corporation (NYSE: DG) concept, located at 3163 Wildflower Dr, Bryan, TX 77802. The property, built in 2023, sits on a 0.456-acre lot and enjoys a prime location within Bryan Towne Center, shadow-anchored by Target. This is the only pOpshelf serving the Bryan/College Station metro area, benefiting from a high-traffic location at the intersection of Briarcrest Drive and Highway 6, boasting nearly 60,000 vehicles per day. The 15-year NNN lease, commencing October 2023, includes four 5-year renewal options with 10% rent increases, providing significant long-term stability. Dollar General Corporation, an investment-grade tenant (Moody's: Baa2, S&P: BBB), reported $38.7 billion in net sales in FY2023 and continues to demonstrate strong year-over-year growth. The property's proximity to Texas A&M University (5 miles) serves a population of approximately 155,000 within a 5-mile radius, a growing middle-class demographic perfectly aligned with pOpshelf's target market. The asking price is $2,702,922, representing a 6.35% cap rate. The property is currently 100% occupied. This presents a compelling investment opportunity with significant upside potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bryan
- County
- Brazos
- State
- Texas
- Longitude
- -96.3195
- Latitude
- 30.6625
- CBSA code
- 17780
- CBSA name
- COLLEGE STATION-BRYAN, TX METROPOLITAN STATISTICAL AREA