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10440 FM 2432 Rd 7,781 SF 100% Leased Retail Building Conroe, TX 77303 $3,022,184 CAD ($388.41 CAD/SF) 6.50% Cap Rate
Investment Highlights
- 100% Leased with strong tenants
- Growing area
- Heavy daytime traffic
- Easy access to FM 2432 and FM 1484
Executive Summary
Great investment property in a growing area. Please call for rent roll information.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,781 SF
Building Class
B
Year Built
2022
Price
$3,022,184 CAD
Price Per SF
$388.41 CAD
Cap Rate
6.50%
NOI
$196,442 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.01 AC
Parking
22 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
185’ on FM 2432
Amenities
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 7139-00-00100 | Improvements Assessment | $1,498,008 CAD |
| Land Assessment | $359,861 CAD | Total Assessment | $1,857,869 CAD |
Property Taxes
Parcel Number
7139-00-00100
Land Assessment
$359,861 CAD
Improvements Assessment
$1,498,008 CAD
Total Assessment
$1,857,869 CAD
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10440 FM 2432 Rd
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