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670 N FM 3083 W Rd
Conroe, TX 77303
Teas Ridge Retail Center II · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully leased retail center with national and regional tenants
- NNN leases reduce landlord responsibilities
- Newly built in 2024 with no deferred maintenance
- Located in a high-growth Conroe corridor with strong demographics
- Part of a larger 12-acre mixed-use development
EXECUTIVE SUMMARY
Located in one of the fastest-growing areas of the Conroe MSA, Teas Ridge Retail Center II is a fully leased, newly constructed retail asset offering stable income and minimal management. Completed in 2024, the center spans 9,594 square feet and anchors the first phase of a planned 12-acre development. The tenant mix includes Rave Financial Credit Union, PostNet, Tint World, and Empire Pizza, all on NNN leases with long-term commitments.
The property benefits from strong demographics, including a 56% population growth within one mile since 2020 and an average household income of $101K within five miles. With excellent visibility and access along FM 3083, the site is positioned for long-term value in a high-demand corridor.
The property benefits from strong demographics, including a 56% population growth within one mile since 2020 and an average household income of $101K within five miles. With excellent visibility and access along FM 3083, the site is positioned for long-term value in a high-demand corridor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,546 SF
Building Class
B
Year Built
2024
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.44 AC
Zoning
1
Parking
130 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 9215-00-00101 | Improvements Assessment | $1,848,170 |
| Land Assessment | $445,305 | Total Assessment | $2,293,475 |
PROPERTY TAXES
Parcel Number
9215-00-00101
Land Assessment
$445,305
Improvements Assessment
$1,848,170
Total Assessment
$2,293,475
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