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Teas Ridge Retail Center II 670 N FM 3083 W Rd 9,594 SF 100% Leased Retail Building Conroe, TX 77303 $5,736,232 CAD ($597.90 CAD/SF) 6.75% Cap Rate
Investment Highlights
- New Development
- Easy Management
- Strong Tenant Mix
- Path of Growth
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,594 SF
Building Class
B
Year Built
2025
Price
$5,736,232 CAD
Price Per SF
$597.90 CAD
Cap Rate
6.75%
NOI
$387,194 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.44 AC
Zoning
1
Parking
130 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
248’ on Teas Nursery Road
Amenities
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 9215-00-00101 | Improvements Assessment | $2,557,867 CAD |
| Land Assessment | $616,302 CAD | Total Assessment | $3,174,169 CAD |
Property Taxes
Parcel Number
9215-00-00101
Land Assessment
$616,302 CAD
Improvements Assessment
$2,557,867 CAD
Total Assessment
$3,174,169 CAD
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Teas Ridge Retail Center II | 670 N FM 3083 W Rd
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