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2080 Longmire Dr - Lake Conroe Christian Academy 12,955 SF Specialty Building Offered at $2,983,884 CAD at a 7.86% Cap Rate in Conroe, TX 77304



INVESTMENT HIGHLIGHTS
- Single-Tenant Net Lease Investment (STNL)
- Stable Occupancy with Upside
- Attractive Yield
- Specialized Use with Value Play
- Growing Market
EXECUTIVE SUMMARY
Hutson Realty Partners is pleased to present the opportunity to acquire a single-tenant, net-leased investment (STNL) property in the fast-growing Conroe submarket of Montgomery County, Texas. The property is 100% occupied by Lake Conroe Christian Academy (LCCA), a locally operated early childhood learning center serving 220 enrolled students. The tenant currently occupies the property on month-to-month terms, providing an investor with the ability to negotiate a new lease terms/structure at closing and secure a stabilized income stream. Current rental income is $168,000 annually, NNN, with the tenant covering all operating expenses. The facility is well-suited for continued educational or institutional use, but also adaptable to other specialty users.
PROPERTY FACTS
AMENITIES
- Signage
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 0256-00-02547 | Improvements Assessment | $5,330,556 CAD |
| Land Assessment | $1,329,774 CAD | Total Assessment | $6,660,330 CAD |
PROPERTY TAXES
Parcel Number
0256-00-02547
Land Assessment
$1,329,774 CAD
Improvements Assessment
$5,330,556 CAD
Total Assessment
$6,660,330 CAD
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2080 Longmire Dr - Lake Conroe Christian Academy
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