Baird Interests LLC
Office | 7.81% CAP | 8,012 SqFt
Marketing description
Introducing a lucrative investment opportunity in vibrant Mid-Town Bryan, The anchor tenant is Rent-A-Center at 1300 S Texas Ave, Bryan, TX 77803. With an impressive 7.14% CAP rate, this commercial property promises excellent returns for investors. Boasting high visibility with a traffic count exceeding 16,000 vehicles per day, the property consists of three separate commercial spaces, each with individual meters and HVAC units. The recently remodeled anchor tenant space features modern finishes, a new roof installed in 2020, and two new 5-ton HVAC units for long-term durability. Additionally, the property offers 29 parking spaces for tenants and customers' convenience. Zoned within the Midtown Corridor District (MT-C), this property presents a range of development options. Financial details available with a signed confidentiality agreement. Don't miss this rare opportunity to secure a thriving commercial asset in a bustling location. Reach out today to make this property a valuable addition to your investment portfolio.
Investment highlights
Rent-A-Center NNN lease (approximately 5500 SF) is extended through March 2031. 3/31/31 for $6,327.68/month with annual rate increases. Upstairs is a church leased until 5/1/27 for $825/month with annual rate increases. The backspace is leased by a tax office until 5/1/28 for $1,550/month with annual rate increases.
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