Dutch Bros Leases Retail Property At 2412 Texas Avenue S In College Station With Brokers RESOLUT RE And Oldham Goodwin
2412 Texas Ave S, College Station, TX 77840, USA
Building Size
291,850 SF
Asset Type
Office
Closing
Aug 31, 2020
About this deal
AI
A retail property located at 2412 Texas Avenue S in College Station has been leased. The tenant, Dutch Bros, will occupy the space, which spans 29,185 square feet.
Summary of transaction details
- Property Type: Retail
- Tenant: Dutch Bros
- Square Footage: 29,185
The deal was facilitated by Dave Burggraaf from RESOLUT RE and Jeremy Richmond from Oldham Goodwin.
Traded’s record for 2412 Texas Ave S, College Station, TX 77840, USA in College Station, Texas covers a office lease from 2020. Published size for 2412 Texas Ave S, College Station, TX 77840, USA is 291,850 square feet. This page is the College Station, Texas file for the 2412 Texas Ave S, College Station, TX 77840, USA office leased: pricing, party profiles, and other closed office comps from the same College Station sit in the Market section below. Filter that College Station office set by closing date to see what else leased near 2412 Texas Ave S, College Station, TX 77840, USA around 2020. Cite this Dutch Bros Leases Retail Property At 2412 Texas Avenue S In College Station With Brokers RESOLUT RE And Oldham Goodwin lease when underwriting similar office product around College Station, Texas.
Players
College Station Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93