Harpers Trace Center Conroe, TX

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+