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Chase Bank 2335 Boonville Rd
3,896 SF Retail Building Bryan, TX 77808 £1,925,160 (£494/SF) 6% Net Initial Yield
Investment Highlights
- 20 year lease, expires 05/31/29
- Four (4) Five (5) year renewal options, each with 10% rental increase
- Excellent frontage on Boonville Rd
- Absolute Net Lease (no landlord responsibilities)
- Present Base Rental and NOI of $146,410/year
- Boonville Rd 24,074 VPD
Executive Summary
Building Size: 3,896 SF approx. plus 880 SF of canopy for 4 drive-thru lanes including one ATM lane.
Parking: All concrete 32 spaces.
Year Built: 2009
Location: At major Bryan intersection by Colony Park Shopping Center, anchored by Kroger. Only 4 1/2 miles from Texas A&M University.
Surrounded by growing subdivisions.
Parking: All concrete 32 spaces.
Year Built: 2009
Location: At major Bryan intersection by Colony Park Shopping Center, anchored by Kroger. Only 4 1/2 miles from Texas A&M University.
Surrounded by growing subdivisions.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,896 SF
Building Class
C
Year Built
2009
Price
£1,925,160
Price Per SF
£494
Net Initial Yield
6%
NOI
£115,431
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
0.97 AC
Zoning
C2 - Commercial
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 349481 | Improvements Assessment | £776,618 |
Land Assessment | £327,049 | Total Assessment | £1,103,667 |
PROPERTY TAXES
Parcel Number
349481
Land Assessment
£327,049
Improvements Assessment
£776,618
Total Assessment
£1,103,667
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Chase Bank | 2335 Boonville Rd
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