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28160548
28160555

107 Old River Rd, Montgomery, TX 77356

KR
TX 0210946
Top Guns Realty
Listed by Top Guns Realty
$4,450,000
220 days on market
Updated 73 days ago

107 Old River Rd

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 13,499
Units 8
Cap Rate 7.00%
NOI $32,965
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $330
Year Built 2021
Buildings 3
Stories 1
Zoning Commercial
Investment Type Net Lease

Retail | 13,499 SqFt

Marketing description

Why this property stands out:

  • Ideally situated on one of the main thoroughfares serving three thriving residential communities.

  • Constructed in 2021 with Class-C retail build-to-suit quality — flexible tenancy and modern infrastructure.

  • Approximately 81% leased, providing immediate income with upside potential.

  • Compact 0.31-acre parcel creates efficient parking and adaptability for multiple uses.

  • Located in the heart of Montgomery County’s accelerated growth zone — excellent access to demographics and consumer traffic.

Investment Highlights:

  • Strong tenant base with multi-tenant flexibility and short-term lease bump opportunities.

  • Excellent future upside from leasing remaining vacancy or capturing new market rent.

  • Modern construction, recent built date, and minimal deferred cap-ex risk for investors seeking turnkey.

  • Premium retail visibility and signage potential along a key corridor.

Ideal Use Case:
An excellent acquisition for owner-occupants, local investors, or regional funds seeking exposure to high-growth Greater Houston’s retail market. Positioned for core retail income today with value-add growth tomorrow.

Investment highlights

VIEW RENT ROLL HERE: RENT ROLL

Prime Location in a Rapid Growth Corridor – Positioned just off Highway 105 in Montgomery, TX, within the expanding Lake Conroe trade area, surrounded by strong residential growth and increasing retail demand.

New Construction (2021) – Modern multi-tenant retail center totaling 13,499 SF with strong curb appeal, excellent signage visibility, and ample parking.

Stabilized Income-Producing Asset – Generating approximately $32,965/month ($395K+ annually) in gross rental income, providing immediate and consistent cash flow.

Diversified Tenant Mix – Strong lineup of service-oriented tenants including Moody Bank, Allergy & ENT, spa, restaurant, and retail users, driving daily traffic and long-term stability.

NNN Lease Structure – Tenants reimburse approximately $7.31/SF annually, minimizing landlord expenses and enhancing net operating income.

High Visibility & Accessibility – Excellent frontage along Old River Rd with convenient access to Highway 105, connecting Montgomery, Conroe, and The Woodlands.

Low Maintenance, Turnkey Investment – Recently constructed improvements reduce near-term capital expenditures, making this an ideal passive investment opportunity.

Strong In-Place Cash Flow with Long-Term Upside – Benefit from stable income today with future potential through rent growth and continued market appreciation in a high-growth submarket.

Listing Contacts

KR
TX 0210946
Top Guns Realty
Listed by Top Guns Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$32,965.00
$2,747.08/mo

Valuation Metrics

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DSCR
0.74%
Cap Rate
0.74%
ROI

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