10161 State Highway 242
Conroe, TX
Price:
$6,908,000
Cap Rate:
5.75%
NOI:
$397,193
Building Size:
Approx. 12,928 Sq. Ft.
Lot Size:
Approx. 1.27 Acres
Type:
Multi-Tenant / Retail
Sub Category:
Retailer
Year Built:
2017
Investment Overview
- 100% Leased Retail Center w/ Tenants on Long-Term Leases & Scheduled Rent Increases
- Tenants include Verizon, Subway, Supercuts, Papa John’s, and More
- Located at the Entrance to Harper’s Preserve (est. 1,775 Homes Projected to be Built)
- Strong Income Demos w/ an est. $136,793 within a 5-Mile Radius
- Near Best Buy, ROSS Dress or Less, Burlington, Walmart Supercenter, Kohl’s, At Home
- Conroe | 45 Miles from Houston, TX | Population: 98,000+