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Shops at Conroe 3846 W Davis St 9,500 SF 100% Leased Retail Building Conroe, TX 77304 $5,333,367 CAD ($561.41 CAD/SF) 7.02% Cap Rate
Investment Highlights
- Located in a high-growth area within the Houston MSA, offering excellent visibility and access to a rapidly expanding customer base
- Convenient access to nearby schools, shopping centers, and employment centers
- Surrounded by established neighborhoods and newly built homes, driving consumer demand
- Excellent visibility and accessibility along a key commercial corridor in West Conroe
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,500 SF
Building Class
C
Year Built
2015
Price
$5,333,367 CAD
Price Per SF
$561.41 CAD
Cap Rate
7.02%
NOI
$374,473 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
2.32 AC
Zoning
None
Parking
52 Spaces (5.47 Spaces per 1,000 SF Leased)
Frontage
162’ on W Davis St
Nearby Major Retailers
Property Taxes
| Parcel Number | 5158-00-00300 | Improvements Assessment | $3,239,462 CAD |
| Land Assessment | $865,437 CAD | Total Assessment | $4,104,900 CAD |
Property Taxes
Parcel Number
5158-00-00300
Land Assessment
$865,437 CAD
Improvements Assessment
$3,239,462 CAD
Total Assessment
$4,104,900 CAD
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Shops at Conroe | 3846 W Davis St
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