For Sale
$2,200,000

3074 College Park Dr The Woodlands, TX 77384

Texas Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 14,557-square-foot shopping center, located at 3074 College Park Dr, Conroe, TX 77384, presents a compelling value-add opportunity in the highly desirable Woodlands market. Built in 2003 and renovated in 2020, the property sits on a substantial 86,349-square-foot lot. Currently vacant, this retail space offers significant potential for a new tenant or operator. Its strategic location benefits from a captive audience, nestled between I-45, The Woodlands College Park High School, and Lone Star College. The property enjoys adjacency to a Lowe's shadow anchor and proximity to the major retail hub of I-45 and Hwy 242. The surrounding area boasts a highly affluent consumer base, with over 140,000 residents within a 5-mile radius, exhibiting an average household income exceeding $160,000. This prime user opportunity in a top Texas market offers substantial upside for the right investor. The asking price for this property is $2,200,000. The property is situated in Montgomery County.

Highlights

  • Prime location in Texas's top market.
  • 96% leased, offering a strong value-add opportunity.
  • Exceptional location between I-45, The Woodlands College Park High School, and Lone Star College, ensuring a captive audience.
  • Strategic positioning near a Lowe's shadow anchor and major retail hub at I-45 and Hwy 242.
  • High-income demographic: over 140,000 residents within a 5-mile radius, averaging $160,000+ household income.

Property Details for 3074 College Park Dr

Property type
Lifestyle centers, Power centers
Square Feet
14,557 SF
Year Built/Renovated
2003/2020

Location Insight

City
The Woodlands
County
Montgomery
State
Texas
Latitude
30.208171713782
Longitude
-95.462672081433

FAQs

What type of property is this?
Lifestyle center - Texas Retail Investment Opportunity
Where is the lifestyle center located?
The property is located at 3074 College Park Dr The Woodlands, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Prime location in Texas's top market.; 96% leased, offering a strong value-add opportunity.; Exceptional location between I-45, The Woodlands College Park High School, and Lone Star College, ensuring a captive audience.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3074 College Park Dr
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