2102 William Joel Bryan PkwyBryan, TX 77802

For Sale
$9,970,000

High-ROI Convenience Store & Gas Station

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fee-simple, 6,400 square foot convenience store and gas station in Bryan, Texas. Located at the signalized, hard corner intersection of E William Joel Bryan Pkwy and Nash St (37,000 VPD), this property benefits from direct access to N Earl Rudder Fwy (64,800 VPD). The property is situated less than a mile from Colony Park, a high-performing Kroger-anchored neighborhood center. This absolute NNN net lease boasts a 20-year term commencing August 6, 2024, and expiring August 1, 2044, with a remaining term of approximately 19.7 years. The lease includes 8% rent bumps every five years and five 5-year lease options. The property sits on a 2.29-acre lot and features a strong demographic profile, supported by Bryan's 1.96% annual population growth and proximity to Texas A&M University (over 74,000 students). The average household income within a one-mile radius is $93,055. With a current NOI of $648,000 and an asking price of $9,970,000, this property offers a compelling 6.50% cap rate. Built in 2024, this asset represents a turnkey investment with significant upside potential. The property's location and strong tenant base make it an attractive addition to any portfolio. The substantial residential consumer base and convenient access to major roadways ensure consistent traffic and revenue generation.

Highlights

  • 6,400 SF convenience store and gas station on a 2.29-acre lot at a signalized intersection with 37,000 VPD.
  • Excellent access to N Earl Rudder Fwy (64,800 VPD).
  • Less than one mile from a Kroger-anchored neighborhood center ranking in the top 97% nationally.
  • Strong demographics: Bryan, TX boasts 1.96% annual population growth, over 142,000 residents, 94,000 employees, and a $93,055 average household income within one mile. Proximity to Texas A&M University (74,000+ students).
  • NNN net lease with 19.7 years remaining, 8% rent bumps every five years, and five 5-year options. Current NOI of $648,000.
  • Asking price: $9,970,000, representing a 6.50% cap rate.

Property Details for 2102 William Joel Bryan Pkwy

Property type
Other retail properties, Automotive properties
Year Built
2024
Lot Size (sq. ft)
99,752 SF

Location Insight

City
Bryan
County
Brazos
State
Texas
Latitude
30.671872
Longitude
-96.34602
2102 William Joel Bryan Pkwy, Bryan, Texas

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2102 William Joel Bryan Pkwy
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