For Sale
$1,035,000

5020 Central PkwyConroe, TX 77303

7,200 SF Hangar & Office Space, Texas

Overview

Added:
Dec 11, 2024
Days on market:
117
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
5020 Central Pkwy, Conroe, Texas

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5020 Central Pkwy
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