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Diamonds Direct - The Woodlands 27520 Interstate 45 N 6,000 SF Retail Building Conroe, TX 77385 $5,130,000 ($855/SF) 5.85% Cap Rate
Investment Highlights
- Absolute NNN Lease – Zero Landlord Responsibilities | True passive income — tenant responsible for all operating expenses, including roof, structure,
- High-Traffic Outparcel Location | Positioned as a premier outparcel to Wood Ridge Plaza, a 211,674 SF community shopping center along I-45 with excell
- Desirable Tenant Profile | Diamonds Direct is a fast-growing national luxury jeweler wholly owned by Signet Jewelers Ltd (NYSE: SIG), and an expanding
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
6,000 SF
Building Class
B
Year Built
2024
Price
$5,130,000
Price Per SF
$855
Cap Rate
5.85%
NOI
$300,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
9.05 AC
Zoning
C1 - Commercial
Parking
62 Spaces (10.33 Spaces per 1,000 SF Leased)
Frontage
229’ on North Freeway Service Rd
Nearby Major Retailers
Property Taxes
| Parcel Number | 0191-07-01401 | Improvements Assessment | $5,000,187 |
| Land Assessment | $11,752,050 | Total Assessment | $16,752,237 |
Property Taxes
Parcel Number
0191-07-01401
Land Assessment
$11,752,050
Improvements Assessment
$5,000,187
Total Assessment
$16,752,237
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Diamonds Direct - The Woodlands | 27520 Interstate 45 N
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