Multi-Tenant Office Building | For Sale

Summary

  • Sale Price $2,200,000
  • Sales/SF $80.68/SF
  • Building Size 27,268 SF
  • Site Size 4.097 AC

Oldham Goodwin is pleased to present 1200 Briarcrest Drive for your consideration. 1200 Briarcrest is an ~27,268 SF, four story bank building situated on 4.097 AC along a major retail corridor in Bryan, TX, near St. Joseph Regional Health Center and Blinn College. The offering presents a rare opportunity to purchase the property as an owner occupant, with leases in place for ~40% of the building and up to 8,000 SF of contiguous space available for occupancy. At $80.68/SF the building is being offered at a major discount to its replacement cost. The underlying land offers over 700’ of linear frontage on Briarcrest Drive, and lends itself well to future retail redevelopment.

Property Highlights

  • — Excellent access from East and West with median break along Briarcrest Drive, a major retail corridor between Texas Avenue and Highway 6 South
  • — Highly visibility pylon signage on Briarcrest Drive
  • — High daytime population in immediate area, less than one mile from Blinn College and St. Joseph Regional Health Center
  • — Offered at significant discount to replacement cost at less than $90.00/SF
  • — Excellent opportunity for owner occupant, with up to 6,800 SF available on the first floor, and 8,000 SF of contiguous space available on 3rd and 4th floor
  • — Great opportunity for company branded regional or corporate office
  • — Redevelopment opportunity with over 4 acres and more than 700 linear feet of front on Briarcrest Drive