For Sale
$1,035,000

5020 Central Pkwy Conroe, TX 77303

7,200 SF Hangar & Office Space, Texas

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 7,200-square-foot freestanding corporate hangar and office facility is located at 5020 Central Pkwy, Conroe, TX 77303, near the Conroe North Houston Airport (CXO), an international airport with a U.S. Customs Station. Built in 2004 and extensively renovated in 2024, the property features a 1,600-square-foot office space with a reception area, four large offices, a spacious supply/copy room, and a break room with a sink and microwave. A handicap-accessible restroom is also included. Ample auto parking is available in front of the office area. The hangar itself boasts 5,600 square feet (80x70), offering a 20-foot clear height and a 70-foot wide door opening. The hangar includes an upstairs open storage area with workbenches and a sink, epoxy-coated flooring, and ample ramp use. Recent improvements include new laminate flooring, miniblinds, interior LED can lights, exterior signage, a large ceiling fan, repainted offices and exterior, epoxy coating for the hangar, and a new trench drain across the hangar door. The property is currently leased through December 31, 2027, under a net lease agreement. A ground lease with the county, expiring in 2058, includes provisions for extensions. This presents a compelling investment opportunity at CXO, ideal for owner-occupancy or expansion of existing businesses at the airport. The asking price is $1,035,000 ($143.75 per square foot).

Property Details for 5020 Central Pkwy

Property type
Specialty properties, Airport retail
Square Feet
7,200 SF
Year Built/Renovated
2004/2024
Buildings
1
Stories
1

Location Insight

City
Conroe
County
Montgomery
State
Texas
Latitude
30.3501389
Longitude
-95.4205283

FAQs

What type of property is this?
Specialty property - 7,200 SF Hangar & Office Space, Texas
Where is the specialty property located?
The property is located at 5020 Central Pkwy Conroe, TX.
What is the asking price?
The asking price for this property is $1,035,000.
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5020 Central Pkwy
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