603 S Conroe Medical Dr - Medical FOR SALE
Conroe, TX 77304 |
$7,240,000 USD
713-585-5715
603 S Conroe Medical Dr
Conroe, TX 77304
HIGHLIGHTS
- Convenient access to Interstate 45 via South Loop 336
- Across Loop 336 from the 2,000-acre Grand Central Park master-planned development, featuring planned residential, retail, and commercial amenities
- Attractive demographics and payor mix
- All tenants are NNN
- All tenants have sizable annual rent increases
OVERVIEW
OLDHAM GOODWIN is pleased to present Conroe Medical Plaza, a Class A medical office building built in 2022, for sale in Conroe, Texas. Located in the Houston MSA adjacent to the Conroe Regional Medical Center, Conroe Medical Plaza is 89% occupied with strong medical tenants under NNN leases with annual rent increases. The property offers consistent cash flow, long-term leases, and opportunities to increase NOI in a high-growth healthcare market.
FOR SALE DETAILS
PRICE
$7,240,000 USD
PRICE/SF
$324 USD /SF
CAP RATE
6.1%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Conroe Medical Plaza
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
3.81 AC
LAND SF
165,964 SF
ZONING
NA
APN/PARCEL ID
8863-00-00101
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713-585-5715
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713-585-5715
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