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3511 N LOOP 336 E SUITE 200 Conroe TX 77301

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Details
Property Type Industrial
Sub Type Flex
Building SqFt 19,200
Year Built 2015
Days on Market ******
Latitude 30.3250
Longitude -95.4027

Property History

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Property Type
Property Type
Industrial
Property Subtype
Flex
Marketing Description
Moody Rambin is pleased to present for sale Piney Woods Business Park, a multi-tenant light industrial business park located just northeast of the intersection of N Loop 336 and Highway 105 E in the heart of Conroe, TX. Conroe is one of the fastest growing cities not only in Texas, but in the country. Since 2000, Conroe’s population has doubled, and it continues to grow at a rapid pace (about 5% year over year). The subject property consists of six (6) suites averaging +/- 3,200 sf each, totaling +/- 19,200 sf of leasable area, on a +/- 1.46 AC lot. The business park was built in 2015 and is stabilized at 100% occupancy. The property offers investors a unique investment opportunity consisting of upside in the form of in place rental bumps and below market rental rates. In addition, the leases in place are staggered nicely so that there is not a large overlap of leases ending at one given time, providing peace of mind and steady cash flows for the future. The park is immediately adjacent to N Loop 336 and is essentially at the hard corner of 336 and 105, two of Conroe’s largest highways. Overall, Piney Woods Business Park is a low maintenance stabilized investment vehicle in a great location with low-impact upside that will be experienced for years to come.
Investment Highlights
  • Six (6) Suites
  • Built- In Rental Bumps
  • Below Market Rates
  • Staggered Leases
  • Immediately adjacent to Texas 336 Loop and Minutes from Interstate 45 and Highway 105

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
JA
Jim Autenreith
•••.•••.5593
•••••••eith@•••••••••••.com
Listing removed on
 BY:
SG
Stephen Ghedi PRO
•••.•••.5528
••hedi@•••••••••••.com
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Comparable Properties

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Rental Market Overview

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Conroe, TX median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Conroe, TX (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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