Listed by Edge Realty Partners - Houston
Unpriced
1824 Spirit of Texas Way
Details
Property Type Office
Sub Type Traditional Office
Square Footage 12,932
Occupancy 47.8%
Tenancy Multi
Pro-Forma NOI $215,300
Class B
Year Built 2018
Buildings 1
Stories 2
Acreage 5.129
Parking Spaces 82 spaces
Parking per 1,000 SqFt 6.34
One of Conroe's Most Recognizable Office Buildings | Significant Upside Potential
Investment highlights
- At 48% occupancy, the Property offers a combination of stable in-place cash flow and meaningful upside through the lease-up of existing vacancies. Additionally, the availability of the entire first floor, totaling approximately 6,750 square feet, provides a compelling owner-user opportunity
- Well-maintained Class B office with efficient floor plates and high ceilings set within a campus-style environment featuring ample surface parking, professionally landscaped common areas and expansion opportunities
- Located within an exceptional suburban office market, the Conroe office submarket boasts a 93.5% occupancy rate as of Q2 2026, significantly outperforming both the Houston MSA (80.4%) as well as the national average (86.2%)
- Strategic downtown Conroe location along State Highway 105 (TX-105 / W. Davis Street) with immediate access to I-45 providing direct connectivity to The Woodlands, Downtown Houston, and major employment hubs
- Excellent visibility from I-45, enhancing tenant exposure, accessibility, and long-term leasing appeal
- Amenity-rich, walkable environment adjacent to Veterans Memorial Park and the Montgomery County Library, with numerous nearby dining and retail options
- Strong surrounding demographics, with approximately 110,000 residents and more than 6,900 planned homes within a five-mile radius, supporting a stable and expanding workforce
- Positioned within the rapidly growing Conroe trade area in Montgomery County, the fourth-fastest-growing county in the nation, which has experienced approximately 42% population growth over the past decade
Listing Contacts
Listed by Edge Realty Partners - Houston
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