3008 Barron Rd
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3008 Barron Rd
5,056 SF 100% Leased Office Building College Station, TX 77845 £1,380,750 (£273/SF) 6.90% Net Initial Yield
Executive Summary
Discover this exceptional 5,056 sq ft modern office building located in CityView Campus of South College Station. This space offers a professional and contemporary environment. Features include a welcoming reception area, ten private offices, two conference rooms, and a sleek kitchen area ideal for breaks and casual gatherings. The building also includes bathrooms with showers for added comfort and a storage closet for supplies and equipment. Enjoy fresh air on the balconies. Parking is hassle-free with ample spaces available for employees and visitors. The building's zoning as Suburban Commercial allows for flexible use, with 50% convertible to live-work/residential space subject to UDO restrictions. 2 long-term tenants in place since 2019 - three years left on lease for $10,000/month triple net.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,056 SF
Building Class
A
Year Built
2019
Price
£1,380,750
Price Per SF
£273
Net Initial Yield
6.90%
NOI
£95,272
Percent Leased
100%
Number of Floors
2
Typical Floor Size
2,528 SF
Building FAR
0.46
Land Acres
0.25 AC
Zoning
R, SC - Special use zoning, 51% as office space with 49% as residential use or 100% used as office space.
Parking
20 Spaces (3.96 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | £1,256,415 | |
| Land Assessment | £154,660 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £1,101,756 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£154,660
Improvements Assessment
£1,101,756
Total Assessment
£1,256,415
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
-
Viet Ha - eXp Realty, LLC
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eXp Realty, LLC
3008 Barron Rd
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