555 William D Fitch Parkway, College Station, TX 77845

$1,185,000

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List Price
$1,185,000
Status
ACTIVE
Days on Market
78
MLS#
26010648
Subtype
Commercial Sale
Year Built
2017
Lot Size
22,364
MLS Area Major
C16

Property Description

3,800 SF fully leased, single tenant building built in 2017 Located in the highly desirable South College Station market Visibility and access from William D. Fitch Leased to Behavioral Innovations since 2019; Tenant exercised its first renewal option in 2024 Tenant has grown to 134 location across 6 states (TX, OK, CO, NC, VA, MD) Current term runs through November 2029, plus a final renewal option through November 2034 at $8, 146.23/month Modified Gross lease with expense stop 2026 NOI - $68,000 (5.7% cap rate at asking price) Unique opportunity to purchase investment real estate in one of the hottest markets in Texas with a quality long term tenant in place.

Additional Information

School District
College Station
Middle School

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Listing courtesy of Clark Isenhour RealEstate Svcs. Contact: