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2412 Texas Ave S, College S...

Updated Oct 29, 2024

Dutch Bros Leases Retail Property At 2412 Texas Avenue S In College Station With Brokers RESOLUT RE And Oldham Goodwin
LEASEDOffice

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.

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DB
Dutch BrosTenant
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College Station Office Market Snapshot

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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

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