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262 Beach Airport RdConroe, TX 77301

High-yield 8% cap rate, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 5,500-square-foot industrial property in Conroe, Texas, ideally suited for a sale-leaseback transaction. Located at 262 Beach Airport Rd, Montgomery County, 77301, this single-building property sits on a 0.55-acre lot. The building boasts an 18-foot ceiling height, making it suitable for various distribution, manufacturing, or warehouse operations. The warehouse space features three 12-foot wide by 14-foot high overhead doors, ensuring efficient loading and unloading. The property includes a climate-controlled and insulated warehouse, enhancing operational efficiency and product preservation. Office space is also included, comprising a kitchen, bullpen/conference area, private offices, and multiple restrooms, providing ample space for administrative functions. A 5-year absolute NNN lease is in place, offering a secure and predictable income stream with an attractive 8% cap rate. The tenant has a proven track record, having operated successfully at this location for over 12 years. This sale-leaseback opportunity provides a compelling combination of strong cash flow and long-term stability, making it an ideal addition to any investment portfolio. The property's location in Conroe, Texas, offers convenient access to major transportation routes and a growing industrial market.

Highlights

  • 5,500 SF industrial property in Conroe, TX, ideal for sale-leaseback.
  • Located at 262 Beach Airport Rd, Montgomery County, 77301, on a 0.55-acre lot.
  • Features 18' ceilings, three 12'x14' overhead doors, and climate-controlled warehouse space.
  • Includes office space with kitchen, bullpen/conference area, private offices, and restrooms.
  • 5-year absolute NNN lease in place with an 8% cap rate and a long-term tenant (12+ years).

Property Details for 262 Beach Airport Rd

Property type
Warehouses, Industrial properties
Square Feet
5,500 SF
Buildings
1
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Conroe
County
Montgomery
State
Texas
Latitude
30.3237317
Longitude
-95.4193603
262 Beach Airport Rd, Conroe, Texas

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262 Beach Airport Rd
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