1000 San Jacinto LnBryan, TX 77803

Property Details for 1000 San Jacinto Ln

Construction

WOOD

Lot size

0.37 AC

Property size (Sq ft)

2,476 SF

Property type

Commercial real estate

APN

591000-0202-0010

APU

59100002020010

Description

This exceptional investment opportunity presents a fully leased, single-tenant restaurant building located at 1000 San Jacinto Ln, Bryan, Texas 77803. The property, built in 1994, boasts 2,476 square feet of net rentable space in a Class C building. Currently operating under a gross lease, the tenant is committed to a five-year lease commencing November 1st, 2024, and expiring October 31st, 2029, leaving approximately 4.9 years remaining. The lease includes escalations, and the current rent is $1.50 per square foot, generating a substantial net operating income (NOI) of $35,654. This translates to an attractive cap rate of 8.92% based on the asking price of $399,900, or $161.51 per square foot. The property benefits from a high traffic location, evidenced by an AADT (Average Annual Daily Traffic) of 17,577 in 2022. The building is a single-story structure and is categorized as a stabilized investment. The occupancy date for the current lease is January 1st, 2025. This is a rare opportunity to acquire a stable, income-producing restaurant property in a desirable location with a strong lease in place. The property is being offered for sale by owner.

Location Insight

City

Bryan

County

Brazos

State

Texas

Latitude

30.6848

Longitude

-96.3803

CBSA code

17780

CBSA name

COLLEGE STATION-BRYAN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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