2116 W Davis St - Office FOR SALE


Conroe, TX 77304
$1,966,000 USD
650-678-7200
2116 W Davis St, Conroe, TX for Sale
$1,966,000 USD
Office - FOR SALE
1/3
null | 5.85% Cap Rate

2116 W Davis St
Conroe, TX 77304


HIGHLIGHTS

  • A 15-year absolute net ground lease Smalls Sliders in the Houston MSA
  • Brand-new 2025 build-to-suit construction with drive-thru
  • Tenant spending over $2M on building demonstrating long-term commitment/financial strength
  • 10% rental increases every 5 years during the primary term and option periods
  • Rapidly expanding franchisee with extensive growth plan in Houston and Austin
  • Exposed to 38,000+ VPD along W Davis Street with direct ingress/egress

OVERVIEW

A 15-year absolute net ground lease Smalls Sliders featuring 10% rental increases every 5 years and 5, 5-year options to extend the lease. Tenant is a rapidly expanding Smalls franchisee with an extensive growth plan in Houston and Austin.

FOR SALE DETAILS

PRICE

$1,966,000 USD

PRICE/SF

$605 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Smalls Sliders

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

-

APN/PARCEL ID

0212-01-01400

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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