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Texas Children’s Hospital 404 River Pointe Dr 9,100 SF 100% Leased Office Building Conroe, TX 77304 $3,500,000 ($384.62/SF) 6.08% Cap Rate

Investment Highlights
- Located near South Loop 336, 1 mile west of I-45 on the southwest side of Conroe
- NNN Leased to a Major Hospital System until 2037
- Adjacent to HCA Houston Healthcare with 1,100 Employees
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,100 SF
Building Class
C
Year Built
2002
Price
$3,500,000
Price Per SF
$384.62
Cap Rate
6.08%
NOI
$212,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,000 SF
Building FAR
0.15
Lot Size
1.42 AC
Zoning
1
Parking
68 Spaces (7.56 Spaces per 1,000 SF Leased)
Amenities
- Signage
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Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 8330-00-00200 | Improvements Assessment | $990,630 |
| Land Assessment | $802,698 | Total Assessment | $1,793,328 |
Property Taxes
Parcel Number
8330-00-00200
Land Assessment
$802,698
Improvements Assessment
$990,630
Total Assessment
$1,793,328
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Map
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Contact the Sale Advisor
Texas Children’s Hospital | 404 River Pointe Dr
