5500 W Davis St
Conroe, TX
Price:
$7,759,000
Cap Rate:
5.15%
NOI:
$399,572
Building Size:
Approx. 7,600 Sq. Ft.
Lot Size:
Approx. 1.69 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2019
Investment Overview
- 2019 Construction. 7,600+/- SF Building on 1.69+/- Acre Site
- Approx. 8 Years Remaining on Corporate Absolute NNN Lease. Rent Commenced in November 2019
- Excellent Location Along West Davis Street in Conroe, TX (43,248+ VPD)
- Dense Retail Corridor Surrounded by National Tenants – McDonald’s, Raising Cane’s, Whataburger, CVS, Sonic, & More
- Located in the Houston Metro Area – More than 7.7 M Residents and is the 5th Largest MSA in the U.S.
- 7-Eleven Is the Largest Convenience Store Chain in the World With 86,000 Stores
- Conroe, TX | 27 Miles from Downtown Houston| Houston MSA Population: 7.7M+