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10440 FM 2432 Rd 7,781 SF 100% Leased Retail Building Conroe, TX 77303 $2,200,000 ($282.74/SF) 6.50% Cap Rate



Investment Highlights
- 100% Leased with strong tenants
- Growing area
- Heavy daytime traffic
- Easy access to FM 2432 and FM 1484
Executive Summary
Great investment property in a growing area. Please call for rent roll information.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,781 SF
Building Class
B
Year Built
2022
Price
$2,200,000
Price Per SF
$282.74
Cap Rate
6.50%
NOI
$143,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.01 AC
Parking
22 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
185’ on FM 2432
Amenities
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
Property Taxes
| Parcel Number | 7139-00-00100 | Improvements Assessment | $1,093,740 |
| Land Assessment | $262,745 | Total Assessment | $1,356,485 |
Property Taxes
Parcel Number
7139-00-00100
Land Assessment
$262,745
Improvements Assessment
$1,093,740
Total Assessment
$1,356,485
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10440 FM 2432 Rd
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