|
Ruchi Mithal, Broker |
Drive-Thru Retail/F&B Across from Hospital 2609 E 29th St 1,336 SF Retail Building Bryan, TX 77802 $1,295,000 ($969.31/SF)
INVESTMENT HIGHLIGHTS
- Free-Standing Retail with Drive-Thru!
- Close Proximity to CHI St Joseph's Hospital and Blinn University
- Seller open to sale leaseback or short transition for new owner to occupy
- High Visibility Location at Villa Maria/29th St
- Newer High-Quality 2021 Construction
EXECUTIVE SUMMARY
Free-Standing Drive Thru for sale. Newer 2021 construction in close proximity to Chi St. Joseph, Texas A&M, and Blinn University. High visibility location with 12k+ cars per day and 160k+ residents within a 5 mile radius.
Existing owner is open to leasing back for a few months to help new owner occupant with transition, or doing a sale leaseback to an investor who wants a longer tenant. Owner is selling to move money to larger investment. Existing business inside building is NOT for sale. New owner could come in and operate their own business, or acquire as an investor and lease to any number of quick service drive thru retail businesses (coffee, beverages, F&B, daiquiris, etc.).
Existing owner is open to leasing back for a few months to help new owner occupant with transition, or doing a sale leaseback to an investor who wants a longer tenant. Owner is selling to move money to larger investment. Existing business inside building is NOT for sale. New owner could come in and operate their own business, or acquire as an investor and lease to any number of quick service drive thru retail businesses (coffee, beverages, F&B, daiquiris, etc.).
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$8,500
|
$6.36
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,500
|
$6.36
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $8,500 |
| Annual Per SF | $6.36 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $8,500 |
| Annual Per SF | $6.36 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,336 SF
Building Class
C
Year Built
2021
Price
$1,295,000
Price Per SF
$969.31
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.30 AC
Zoning
Retail C-2
Frontage
122’ on E 29th St.
AMENITIES
- Signage
- Drive Thru
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| East 29th Street | Bristol St, W | 11,634 | 2025 | 0.19 mi |
| Briarcrest Drive | Memorial Dr, E | 22,880 | 2025 | 0.50 mi |
| Briarcrest Dr | Broadmoor Dr, E | 16,760 | 2025 | 0.52 mi |
| East Villa Maria Road | Carter Creek Pky, SW | 33,916 | 2025 | 0.59 mi |
| E Villa Maria Rd | Carter Creek Pky, SW | 33,818 | 2023 | 0.59 mi |
| Carter Creek Parkway | Willow Bend Dr, SE | 2,283 | 2025 | 0.62 mi |
| Not Available | Not Available, No | 16,064 | 2020 | 0.99 mi |
| Avondale Avenue | Texas Ave, SW | 1,097 | 2025 | 0.99 mi |
| South Texas Avenue | E Carson St, SE | 19,274 | 2025 | 1.00 mi |
| Texas Avenue | E Carson St, SE | 19,256 | 2023 | 1.00 mi |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 32833 | Total Assessment | $360,343 |
| Land Assessment | $79,194 | Annual Taxes | $8,500 ($6.36/SF) |
| Improvements Assessment | $281,149 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
32833
Land Assessment
$79,194
Improvements Assessment
$281,149
Total Assessment
$360,343
Annual Taxes
$8,500 ($6.36/SF)
Tax Year
2023
MAP
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