10100 Highway 242 - Bank FOR SALE
Conroe, TX 77385 |
10100 Highway 242
Conroe, TX 77385
HIGHLIGHTS
- Long-terLong-term lease to Regions Bank, an investment grade tenantegions Bank, an investment grade tenant, with an “A-” rating from Standard & Poor’s
- Regions Financial Corporation (NYSE: “RF”), with $126 billion in assets, is one of the nation’s largest full-service providers of consumer and commerc
- Absolute NNN lease requires no landlord management, ideal for passive investors
- Scheduled rental increases, providing a hedge against inflation
- 2020 construction featuring three drive-thru lanes and latest Regions design & concepts
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Regions Bank | Conroe
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
1556
STORIES
1
YEAR BUILT
2020
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5727-91-00300
