This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Primary Retail Development Site 2202 S Market St

57,135 SF Retail Building Brenham, TX 77833 £1,972,500 (£35/SF) 2.64% Net Initial Yield

Investment Highlights

  • 6.78 Acres on Major Retail Thoroughfare
  • Recently Replaced TPO Roof
  • Priced Below Replacement Cost: $44 Per Square Foot
  • Ability to Develop Multiple Pad Sites
  • Significant Upside By Leasing Existing Building
  • Major Residential and Retail Growth in Brenham

Executive Summary

• 6.78 Acres on Major Retail Thoroughfare
• Ability to Develop Multiple Pad Sites
• Recently Replaced TPO Roof
• Significant Upside By Leasing Existing Building
• Priced Below Replacement Cost: $44 Per Square Foot
• Major Residential and Retail Growth in Brenham

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
57,135 SF
Building Class
C
Year Built
1983
Price
£1,972,500
Price Per SF
£35
Net Initial Yield
2.64%
NOI
£52,074
Tenancy
Multiple
Number of Floors
1
Building FAR
0.19
Land Acres
6.78 AC
Zoning
None
Parking
444 Spaces (4.21 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Rodeo Bingo
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Rodeo Bingo Arts, Entertainment, and Recreation 99,999 SF - -

Nearby Major Retailers

Rent-A-Center
ColorTyme
PNC Bank
Chili's
Starbucks
Mod Pizza
Hartz Chicken Buffet
H-E-B
Applebee's
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R19989
Land Assessment
£465,904
Improvements Assessment
£619,475
Total Assessment
£1,085,380
  • Listing ID: 28740653

  • Date on Market: 13/06/2023

  • Last Updated:

  • Address: 2202 S Market St, Brenham, TX 77833

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}