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20365164
20365169

2643 S Loop 336 W, Conroe, TX 77304

JB
TX 0400693, TX 400693
SVN | J. Beard Real Estate - Greater Houston
BH
519836
SVN | J. Beard Real Estate - Greater Houston
SVN | J. Beard Real Estate - Greater Houston
Listed by SVN | J. Beard Real Estate - Greater Houston
$6,250,000
614 days on market
Updated 10 days ago

Mallard Cove

Details
Property Type Retail, Office
Sub Type Traditional Office, Executive Office
Square Footage 20,000
Units 8
Cap Rate 7.88%
NOI $492,575
Occupancy 100%
Tenancy Multi
Lease Type NNN
Class A
Year Built 2022
Buildings 4
Stories 1
Acreage 4.167
Parking Spaces 78 spaces
Parking Per SqFt 3.90
Investment Type Stabilized
Ground Lease No

Great Conroe Location! New Office Property with Amazing Lake views for Sale and Lease

Marketing description

MALLARD COVE - FOR SALE AND LEASE - Discover the exceptional Mallard Cove, a new professional office development in Conroe, TX. Situated on over 4.167 acres, this Texas Hill Country-inspired property features a park-like setting with private Lake views. Boasting a total of 20,000 SF across 4 buildings, each 5,000sf building has two 2,500 SF suites. Each suite offers modern finishes, high ceilings, kitchen/break areas, private restrooms, and natural & LED lighting, back patios with great views. One 2,500sf space is still in shell condition ready for a Tenant’s unique buildout. Strategically located on S Loop 336 W with easy access to Interstate 45, Mallard Cove is part of the fast-growing Conroe, just down the road from the busy 336 Marketplace Retail Shopping Center. With excellent visibility, ample parking, and an average household income of $128,482 within 1 mile, this investment opportunity is not to be missed. Join the thriving business community of Conroe, the fastest-growing city in the nation, with vibrant residential growth.

Investment highlights

  • New Professional Office Multi-tenant Investment Sale.

  • This Texas Hill Country inspired development boasts a beautiful park like setting, large private stocked lake and putting green. With a total of 20,000 sf on over 4.167 AC.

  • Located in the fast-growing City of Conroe on S Loop 336 W, this office development has easy access to Interstate 45. It sits just West of Grand Central Park’s 336 Marketplace Retail Shopping Center, which is part of Johnson Development’s 2,046-acre Master planned mixed-use development.

  • There are 4 buildings. Each 5,000 sf is divided into 2,500 sf suites.

  • Each building has new contemporary finishes throughout, high ceilings, interior kitchen/break area, private restrooms, and natural & LED lighting.

  • Each suite has access to back patio space, where employees can enjoy their break in a parklike setting. The property has great visibility and ample parking.

Listing Contacts

JB
TX 0400693, TX 400693
SVN | J. Beard Real Estate - Greater Houston
BH
519836
SVN | J. Beard Real Estate - Greater Houston
SVN | J. Beard Real Estate - Greater Houston
Listed by SVN | J. Beard Real Estate - Greater Houston

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$492,575.00
$41,047.92/mo

Valuation Metrics

0
DSCR
7.88%
Cap Rate
7.88%
ROI

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