Listed by THE CORP TEAM, CORPROPTX, LLC
$990,000
El Tucan
Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Cap Rate 7.50%
Occupancy 100%
Tenancy Multi
Lease Type Gross
Acreage 0.360
Multi-Tenant. Restaurant / Retail. Located a few block off I-45.
Marketing description
Prime Retail Investment – 518 Mill Ave Conroe, TX 77301. “El Tucán”
Discover a high-visibility, fully-leased retail asset in downtown Conroe: 518 Mill Ave, known locally as “El Tucán.” This .36‑acre corner property features 3,300 SF of current income-generating space across two buildings:
A 2,700 SF multi-tenant retail building, delivering diversified rental revenue.
A 600 SF taqueria—a popular local eatery—offering strong cash flow and solid community presence.
Situated in a booming commercial corridor with heavy traffic exposure and surrounded by thriving retail and restaurants, this property offers exceptional investor appeal. The setup is perfect for both owner-operators and investors seeking immediate returns.
Investment highlights
- 2 legal descriptions
- 1St building is 2,700 sqft
- 2nd building is 600 sqft
- 0.36 Acres
Listing Contacts
Listed by THE CORP TEAM, CORPROPTX, LLC
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