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2527 N Frazier St 8,300 SF 100% Leased Retail Building Conroe, TX 77303 $4,845,960 CAD ($583.85 CAD/SF) 7.05% Cap Rate
Investment Highlights
- High traffic area.
- One mile from I-45
- New construction.
Executive Summary
100 % LEASED OUT!! Per Seller, last vacancy is filled and will take over remaining space in December, 26. 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 100 % leased out.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,300 SF
Building Class
B
Year Built
2024
Price
$4,845,960 CAD
Price Per SF
$583.85 CAD
Cap Rate
7.05%
NOI
$341,813 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
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 9413-02-00100 | Improvements Assessment | $927,154 CAD |
| Land Assessment | $598,652 CAD | Total Assessment | $1,525,806 CAD |
Property Taxes
Parcel Number
9413-02-00100
Land Assessment
$598,652 CAD
Improvements Assessment
$927,154 CAD
Total Assessment
$1,525,806 CAD
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2527 N Frazier St
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