713-405-7483
19786 Highway 105 W, Montgomery, TX for Sale
Storefront - FOR SALE
1/9
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19786 Highway 105 W
Montgomery, TX 77356


HIGHLIGHTS

  • Surrounded by Dense, high Income Residential Subdivisions.
  • New LED Parking Lot and Walkway Lighting.
  • Well Maintained Concrete Parking Lot.
  • Priced at Below Replacement Cost.
  • 93.1% Occupancy, with 93.2% of Leases Being NNN.
  • Management Fee Included as Operating Expenses – Presenting an Upside for Owner-managed Property Owner.

OVERVIEW

Partners is pleased to exclusively present for sale The Colonnade on Lake Conroe ("Property"), a multitenant retail shopping center encompassing 27,075 square feet on a large 2.25-acre parcel in Montgomery, Texas, part of the Houston Metropolitan Statistical Area (MSA). The Property is strategically located along State Highway 105, the primary east-west thoroughfare connecting residents and commuters to Interstate 45. The Colonnade on Lake Conroe boasts a 100% occupancy. Its Amazon-resistant tenant mix includes two restaurants, a retail resale shop and religious center. With approximately 388 feet of frontage on State Highway 105, The Colonnade on Lake Conroe offers excellent visibility and accessibility to the 25,600 vehicles passing by on a daily basis. This investment opportunity allows investors to capitalize on the property's prime location, robust demographics, and diverse tenant base in a thriving retail market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

3

APN/PARCEL ID

9492-00-01200

ASK ABOUT THIS PROPERTY

713-405-7483

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713-405-7483

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