402 Harvey Mitchell PkwyCollege Station, TX 77845

For Sale
$7,300,000

Prime Office Investment: 25,946 SF, 7% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional Class A office building, located at 402 Harvey Mitchell Pkwy S in College Station, Texas, presents a compelling investment opportunity. The 25,946 square foot property boasts a strong 7.00% capitalization rate and a substantial net operating income (NOI) of $519,877. Currently 100% occupied by Garver Engineering, a national-credit tenant, under a triple-net (NNN) lease with over five years remaining, this asset offers exceptional stability and predictable cash flow. Its prime location adjacent to Texas A&M University provides unparalleled access to a highly skilled workforce and a vibrant, growing community. The property enjoys convenient access to major thoroughfares, including University Drive and State Highway 47, ensuring easy commutes for employees and clients. Furthermore, its proximity to Texas A&M University, the RELLIS Campus, and Downtown Bryan enhances its strategic value and long-term growth potential. This fully occupied, investment-grade property is offered at an asking price of $7,300,000. A joint venture opportunity is also available for qualified investors. The property's zip code is 77845, and it is situated in Brazos County.

Highlights

  • 26,000 SF Class A office building available.
  • Adjacent to Texas A&M University.
  • 100% occupied by Garver Engineering.
  • Excellent access to Texas A&M University, RELLIS Campus, and Downtown Bryan.
  • Joint venture opportunity available.

Property Details for 402 Harvey Mitchell Pkwy

Property type
Other office properties, Office properties
Square Feet
25,946 SF
Class
A

Location Insight

City
College Station
County
Brazos
State
Texas
Latitude
30.6051909
Longitude
-96.3680252
402 Harvey Mitchell Pkwy, College Station, Texas

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402 Harvey Mitchell Pkwy
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