1151 N Loop 336 E
Conroe, TX 77301
CONROE NORTH LOOP · Industrial Property For Sale

Fully Leased Multiunit (5 tenants) commercial property. Great Investment. This off-the-market commercial property has just become available in the rapidly growing city of Conroe. The property was built in 2007 and boasts very minimal maintenance and management requirements. The exterior is in like-new condition, as well as the interior with no problems of any kind. The front and sides of the building have a white stone accent and the rest of the construction consists of red iron steel beam framing, steel siding, and durable steel roofing as well. Suites B, C, and D recently had various degrees of build outs done by the existing tenants. Rent credits were given to the tenants for their current leases to partially compensate the expenses incurred from the build outs. All of the current tenants understand that rents will go up after their current leases expire to reflect the market rate. SUITE A- This suite has the second story above it (the above suite (suite B) is a separate suite but can be connected via interior and exterior existing doorways). Suite A is approx. 3220 square feet with a current lease that renews on Nov. 1st, 2020. The monthly rent is $2,146. SUITE B- This upstairs suite is also occupied by the suite A tenant below having recently been built out to include a bathroom and office. Suite B is fully insulated, and has a newly installed RUUD commercial grade HVAC system. Monthly rent is currently $1,000. SUITE C- Automotive Works is an automotive repair shop. There are 2 large garage bays which each have full sized, industrial car lifts installed, bathroom, and 2 offices. The lease on this suite expires on April 30, 2020. Monthly rent is $2,400. SUITE D- The suite leased to SMW Autoblock Corporation has been upgraded as well. This has a large garage door to a shop area, as well as a separate office area which is estimated to have $100,000 of interior office renovations recently conducted by SMW Autoblock. This company is currently on a 3-year lease and is highly expected to renew. Their current lease runs through November 30, 2017. Monthly rent is $2,675. SUITE E- The Texas government-rented (DARS) suite is 4000 square feet and is completely built out with offices to include: a reception area with a window, a media room, a server room, a kitchen, and 3 different HVAC zones dedicated to this suite. The lease on suite E extends through August 31, 2020 and renewal options of another 10-years after current lease expires. Monthly rent is $3,750. TOTAL MONTHLY RENTS = $11,972