Confidentiality Agreement

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Verizon

2902 E-SH 21, Bryan, TX, 77803
For Sale

Property Details

  • Price: $2,441,000
  • Property Type: Retail
  • Availability: Recently Sold
  • Transaction Type: For Sale
  • Cap Rate: 5.80%
  • Lot Size: 0.35 AC
  • Lease Type: NNN
  • Lease Term: 10 years
  • Year Built: 2025
  • Tenancy: Single Tenant
  • Available SF: 2,500 SF

Property Description

SECURE INCOME STREAM

  • 10-Year NNN Lease with Tenant Maintaining Parcel – Landlord responsible for roof and structure
  • Brand New 2025 Construction – Latest prototype design
  • Corporate Guaranty from Cellular Sales of Knoxville – 2nd largest Verizon Wireless authorized retailer with nearly 800 locations and over $3.2 billion in revenue 2023
  • Strategic Location to Cover Gap in Coverage in High-Growth Market – Nearest Verizon store is 5.5 miles away
  • Cellular Stores Earn Monthly Revenue from all Verizon Customers within Trade Area – Primary goal for store is to service existing Verizon customers and sign up new customers

PROXIMITY

  • High-Growth Market with 93,143 Residents in Primary Trade Area – Population increased 15% since 2010
  • 8 Miles to Texas A&M with Over 79,000 Students and 26,000 Employees – Generating $374 million economic impact on Webb County
  • 4 Miles to Blinn College – Bryan Campus with 6,000 Students – A public junior college with six campuses throughout Texas
  • Excellent Access and Visibility to 23,327 VPD Along State Highway 21 – Just off Hwy 109 with 41,130 VPD
  • Surrounded by Several K-12 Schools with 17,500 Combined Students – Nearby national retailers include McDonald’s, Taco Bell, Burger King, HEB, AutoZone, O’Reilly Auto Parts and many others
  • Adjacent to Master Planned Industrial Parks – Parkwood-Carraba Industrial Park, East Brazos Industrial Park, Coulter Business Park and Ranger Industrial Park
  • Bryan is one of Texas’ Fastest Growing Cities – Positioned in the ‘Texas Triangle’ between Austin, Houston and Dallas

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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