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402 Harvey Mitchell Pky

25,946 SF 100% Leased Office Building College Station, TX 77845 $7,300,000 ($281/SF) 7.12% Cap Rate

Office Space Texas College Station 402 Harvey Mitchell Pky, College Station, TX 77845

Investment Highlights

  • +/- 26,000 SF Class-A Office Building Available
  • Currently 100% Occupied by Garver Engineering
  • Joint Venture Opportunity Available
  • Adjacent to Texas A&M University
  • Easy access to TAMU, RELLIS, and Downtown Bryan

Executive Summary

Stafford Barrett is pleased to present this fully occupied, triple-net, office investment opportunity at 402 Harvey Mitchell Pkwy S in College Station, TX. The property is 100% leased to a national-credit tenant, Garver Engineering, with over 5 years remaining on the lease term. The project is adjacent to Texas A&M University, within close proximity to University Drive and State Highway 47.

Attachments

402 Harvey Mitchell Sale Brochure

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
25,946 SF
Building Class
B
Year Built
2010
Price
$7,300,000
Price Per SF
$281
Cap Rate
7.12%
NOI
$519,877
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
25,946 SF
Building FAR
0.27
Lot Size
2.24 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
None - No Zoning Restrictions
Parking
89 Spaces (3.43 Spaces per 1,000 SF Leased)

Amenities

  • Signage
1 of 1

PROPERTY TAXES

Parcel Number 304674 Improvements Assessment $3,872,544
Land Assessment $439,083 Total Assessment $4,311,627

PROPERTY TAXES

Parcel Number
304674
Land Assessment
$439,083
Improvements Assessment
$3,872,544
Total Assessment
$4,311,627
(979) 260-5000

Contact

  • Listing ID: 28075615

  • Date on Market: 3/27/2023

  • Last Updated:

  • Address: 402 Harvey Mitchell Pky, College Station, TX 77845

More public record information on 402 Harvey Mitchell Pky, College Station, TX 77845

The Office Property at 402 Harvey Mitchell Pky, College Station, TX 77845 is currently available for sale. Contact Stafford Barrett Commercial Brokerage for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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402 Harvey Mitchell Pky
(979) 260-5000 x

402 Harvey Mitchell Pky

Barry Moore

(979) 260-5000

(979) 260-5000

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