936-270-1024
2080 Longmire Dr, Conroe, TX for Sale
Churches - FOR SALE
1/7
null | 8% Cap Rate

2080 Longmire Dr
Conroe, TX 77304


HIGHLIGHTS

  • Single-Tenant Net Lease Investment (STNL)
  • Specialized Use with Value Play
  • Stable Occupancy with Upside
  • Growing Market
  • Attractive Yield

OVERVIEW

Hutson Realty Partners is pleased to present the opportunity to acquire a single-tenant, net-leased investment (STNL) property in the fast-growing Conroe submarket of Montgomery County, Texas. The property is 100% occupied by Lake Conroe Christian Academy (LCCA), a locally operated early childhood learning center serving 220 enrolled students. The tenant currently occupies the property on month-to-month terms, providing an investor with the ability to negotiate a new lease terms/structure at closing and secure a stabilized income stream. Current rental income is $180,000 annually, NNN, with the tenant covering all operating expenses. The facility is well-suited for continued educational or institutional use, but also adaptable to other specialty users.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Conroe Christian Academy

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

1

APN/PARCEL ID

0256-00-02547

ASK ABOUT THIS PROPERTY

Ryan HutsonHutson Realty Partners LLCMore Info
936-270-1024

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Ryan HutsonHutson Realty Partners LLCMore Info
936-270-1024

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.