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12645 Highway 105 W
Conroe, TX 77304
Absolute Net 10% increases Service King · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • CORPORATE GUARANTEE & MERGER - Lease is guaranteed by Service King Paint & Body. Crash Champions has confirmed its merger with Service King.
  • FAST GROWING CITY IN HOUSTON MSA - Population has nearly doubled since 2000 and is expected to grow 4.5% by 2027. Located ±40 miles north of Houston.
  • OVER 7,900 HOUSING UNITS IN 1.6 MI RADIUS – Surrounded by residential neighborhoods in the area with over 7,900 housing units 1.6 mi NE of the subject
  • 10% INCREASES EVERY 5 YRS - Lease allows for 10% rental increases every 5 years including in the initial term, next increase scheduled for February 1
  • FAST GROWING CITY IN HOUSTON MSA - Population has doubled since 2000 with multiple planned communities and family developments within a 2 mi radius.
  • ADJACENT TO LAKE CONROE - Lake Conroe is a 22,000 acre lake stretching 26 miles with 13 marinas and Waterpoint Marina, a 100,000 SF shopping center.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
17,750 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Loading Docks
10 Exterior
Building FAR
0.14
Lot Size
3.00 AC
Zoning
None
Parking
35 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
193’ on Old Highway 105 West

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0009-01-00311
Land Assessment
$631,865
Improvements Assessment
$2,110,429
Total Assessment
$2,742,294
  • Listing ID: 27081308

  • Date on Market: 11/9/2022

  • Last Updated:

  • Address: 12645 Highway 105 W, Conroe, TX 77304

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