For Sale | Dunkin’ & Baskin Robbins | Brand New 2020 Construction
$2,272,727
12061 Farm to Market 2154, College Station, TX 77845
For Sale
Retail
Free Standing
Active
Last Updated: 01/27/2021
5.5
Cap Rate
125,000
NOI
Details:
Cap Rate: 5.5%
NOI: $125,000
Building Size: 2,455 sqft
Lot Area: 0.77 acres
Lease Type: Triple Net
Year Built: 2020
Price Per Sqft: $925.75
Highlights:
- Brand new 2020 construction investment opportunity set to open November 2020.
- Long term Triple Net (NNN) 10 year Lease with zero landlord responsibilities.
- Experienced and growing Regional Dunkin Donuts operator with proven success in the local market.
- Dunkin' U.S. 2020 Q3 report shows comparable store sales growth of 1.50%, which improved sequentially for each month of the quarter.
- Strategically located along Wellborn Rd (FM 2154) - A main north/south corridor which sees traffic counts of 49,526 vehicles per day.
- Texas monthly recently reported on the viral video showing more than 50 cars waiting to get into this new location.
- Excellent demographics with a population of 144,249 residents making average household income of $69,127 within 5-mile radius.
- Less than 5 minutes from the college station ISD education foundation and technology department; A&M consolidated high school.
- Profitably placed between Texas A&M University (68,603 students), Baylor Scott & White Medical Center (98 acre complex), Easterwood executive airport and numerous multifamily development projects.
- College station is home to Texas A&M University which has the largest student body and campus (over 5,200 acres) in the U.S.; it is also home to the George bush presidential library.
- The city is located 83-miles NW of Houston and 87-miles ENE of Austin.
- Texas is an income tax free state.
- Surrounding Tenants Include: Walmart Supercenter, HEB, Twin Liquors, Chick -fil-A, Whataburger, Shell, Chase, Goodwill, AutoZone, NAPA Auto, USPS, Murphy USA, Schlotzsky’s and Church’s Chicken
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,455 SF Dunkin’ & Baskin Robbins at 12061 FM 2154 in College Station, Texas. This Opportunity Includes a Brand New 2020 Construction That is Set to Open in November 2020, Providing For a Great Investment.
In Cooperation With Sands Investment Group Austin, LLC: Lic. # 9004706
Documents:
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Offering Memorandum |
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