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12505162
12505163

19960 TX-242, Conroe, TX 77306

WP
TX 606823
Evermark Commercial Group
DS
TX 740521
Evermark Commercial Group
DT
TX 0768267
Evermark Commercial Group
Listed by Evermark Commercial Group
$3,700,000
997 days on market
Updated 128 days ago

7.63% Cap Investment Opportunity

Details
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 22,700
Cap Rate 7.63%
NOI $282,485
Tenancy Multi
Lease Type NNN
Price per SqFt $163
Class C
Year Built 2004
Buildings 5
Acreage 7.000
Ceiling Height 18

Industrial | 7.63% CAP | 22,700 SqFt

Marketing description

  • Total Building Size: 22,700sf

  • Total Lot Size: 7.0 Acres

  • Current NOI: $246,629

  • Below market rent

  • Includes 5 warehouses and 1 billboard lease

  • Currently 100% leased

  • Buildings have never flooded

  • Each building comes with heavy power, large grade level doors, outside storage area and are fully insulated warehouses

Listing Contacts

WP
TX 606823
Evermark Commercial Group
DS
TX 740521
Evermark Commercial Group
DT
TX 0768267
Evermark Commercial Group
Listed by Evermark Commercial Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$282,485.00
$23,540.42/mo

Valuation Metrics

0
DSCR
7.63%
Cap Rate
7.63%
ROI

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Additional Information

Name
Wes Pratka
License
606823
Brokerage
Evermark Commercial Powered By JLA Realty
Brokerage Phone
2818511994
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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