Dutch Bros Coffee 12065 Wellborn Road, College Station, TX Cap Rate 4.5% College Station ( Texas, US ) Built

$2,444,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 862 sq. ft.
  • Development Level: Built
  • Lot Size: 0.77 acres
  • Year Built: 2020

Description

Dutch Bros Coffee 12065 Wellborn Road, College Station, TX Cap Rate 4.5%

Cap Rate: 4.5%
NOI: $110,000
Building Size: 862 sqft
Lot Area: 0.77 acres
Lease Type: Triple Net
Year Built: 2020
Tenancy: Single
Lease Expire Year: 2036

Pricce: $2,444,000 USD

DESCRIPTION
The subject property is prominently situated with excellent access and visibility along Wellborn Road (49,326 AADT) approximately 2 miles from the TX-6/Earl Rudder Highway arterial (90,985 AADT).​ The site benefits from robust demographics with a total daytime population of 140,003 within 5 miles of the site.​ Average household income within one mile of the site is $71,415; the area benefits from robust educational attainment, with approximately 60% of the population having earned a bachelor’s degree or higher, nearly twice the national average.​

The property benefits from a prominent retail location in close proximity to numerous shopping centers and retail tenants.​ Other major retail tenants in the surrounding area include Jones Crossing, anchored by H-E-B; Rock Prairie Crossing, anchored by Kroger and CVS; College Station Shopping Plaza, featuring Tractor Supply Company and Autozone; Park Place Plaza, with tenants including Planet Fitness and Wells Fargo; Parkway Square, anchored by Stein Mart and Harbor Freight Tools; a Target-anchored center with additional tenants including Old Navy, Haverty’s, and DSW; a Hobby Lobby-anchored center featuring Petco, Big Lots, and Ross as additional tenants; Central Station, with tenants including Spec’s, Kohl’s, Dollar Tree; Post Oak Mall, featuring TJ Maxx, Macy’s, and Dillards; and Gateway Station, featuring Home Depot, PetSmart, Spec’s, and Kirkland’s.​ Other major retail tenants in the surrounding area include Walmart Supercenter, Walgreens, Sam’s Club, H-E-B, and more.​

In addition, the property is located approximately 2 miles from CHI St.​ Joseph Health College Station Hospital, a 114-bed hospital, level III trauma center, and one of the county’s largest employers, and approximately 3 miles from Baylor Scott & White Medical Center College Station, a 119-bed hospital and level III trauma center. The property is situated less than 5 miles from the campus of Texas A&M University, with a student body of 69,465, and is located in close proximity to A&M Consolidated High School and College Station High School, drawing additional traffic from students, parents, and teachers to the site.

This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.

HIGHLIGHTS
• Brand New NNN 15-Year Lease to Dutch Bros with Corporate Guaranty and Scheduled Rental Escalations
• Highly Functional 2020 Construction Featuring Drive-Thru Component
• 1st Dutch Bros Coffee Location in Texas - Drive-Thru Coffee Business Model Well-Adapted to COVID-19 Restrictions
• Less than 5 Miles from Texas A&M University - Nearly 70,000 Students Enrolled
• Excellent Access and Visibility Along Wellborn Road – 49,326 AADT
• Robust Demographics in Surrounding Area - Total Daytime Population of 140,003 within 5 Mile Radius

For more informartion:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#442490354
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Information is deemed to be correct but not guaranteed.