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2527 N Frazier St 8,300 SF 100% Leased Retail Building Conroe, TX 77303 $5,511,040 CAD ($663.98 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- High traffic area.
- One mile from I-45
- New construction.
EXECUTIVE SUMMARY
Great investment opportunity just minutes from the booming cities of Conroe and Willis near the corner of North Frazier and FM 3083. 45,000 vehicles a day go through that intersection. Less than a mile from I-45. Brand new +-8300 sf building with 60% leased out and working on the other 40%. Should be 100% leased out by January 2026.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
8,300 SF
Building Class
B
Year Built
2024
Price
$5,511,040 CAD
Price Per SF
$663.98 CAD
Cap Rate
6.25%
NOI
$344,440 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.41 AC
Frontage
116’ on North Frazier Street
AMENITIES
- 24 Hour Access
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 9413-02-00100 | Improvements Assessment | $945,094 CAD |
| Land Assessment | $610,235 CAD | Total Assessment | $1,555,329 CAD |
PROPERTY TAXES
Parcel Number
9413-02-00100
Land Assessment
$610,235 CAD
Improvements Assessment
$945,094 CAD
Total Assessment
$1,555,329 CAD
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2527 N Frazier St
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