19786 Highway 105 W 22,075 SF 100% Leased Retail Building Montgomery, TX 77356 For Sale

Partners is pleased to exclusively present for sale The Colonnade on Lake Conroe ("Property"), a multitenant retail shopping center encompassing 27,075 square feet on a 2.25-acre parcel in Montgomery, Texas, part of the Houston Metropolitan Statistical Area (MSA). The Property is strategically located along State Highway 105, the primary east-west thoroughfare connecting residents and commuters to Interstate 45.
With 37.2 million SF of retail inventory, Montgomery County is the largest retail submarket in the Houston metro, including highgrowth cities like Willis and Conroe that consistently rank among the nation's fastest-growing. According to CoStar, $269.6 million in annual retail spending occurs within a 3-mile radius and is projected to increase 19.15% by 2028, reaching over $321 million. ESRI data forecasts the 2024 population within a 10–15-minute drive time at 26,877 residents, growing at a steady 0.76% annually.
Given the favorable fundamentals, retail assets with strong visibility, accessibility, and tenant mixes tied to service-based (Amazonresistant) uses are especially poised to outperform. With limited near-term traditional big-box anchor risk, such assets offer stability of cash flow today, while providing moderate mark-to-market upside as leases roll. The subject property — with its prime frontage on SH 105, 100% occupancy, and a fully NNN lease structure — is well-positioned to harness both current income and
latent upside.
This investment allows buyers to capitalize on the Property’s core location, high-income demographics, and diverse tenant base within one of Texas' most economically resilient and supply-constrained retail corridors.