For Sale
$4,350,000

5452 Davis StConroe, TX 77304

High-Yield Medical Office Investment

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 19,466 square foot Class B medical office building, located at 5452 W Davis St, Conroe, Texas 77304, presents a compelling investment opportunity. Built in 2006, the property sits on a substantial 79,714.87 square foot lot and boasts a strong 5.98% capitalization rate, generating a net operating income (NOI) of $260,317.28. Currently 100% occupied under a multi-tenant NNN lease structure, this asset offers a stable income stream with significant upside potential. The asking price is $4,350,000, translating to a price per square foot of $223.47. Situated in Montgomery County, this property benefits from a prime location within the thriving Conroe market. The building's size and configuration are ideal for a variety of medical practices, ensuring long-term value and consistent cash flow. Detailed financial information and further specifics are available upon request. This is a rare opportunity to acquire a high-performing medical office building in a desirable Texas location. Don't miss out on this exceptional investment prospect.

Highlights

  • $4,350,000 asking price for a 19,466 SF medical office building.
  • 100% occupied, multi-tenant building.
  • Class B, NNN lease, 5.98% cap rate, $260,317.28 NOI.
  • Located at 5452 W Davis St, Conroe, TX 77304, on a 79,714.87 SF lot.
  • Built in 2006, with a price per square foot of $223.47.

Property Details for 5452 Davis St

Property type
Office properties, Medical offices
Square Feet
19,466 SF
Class
B
Year Built
2006

Location Insight

City
Conroe
County
Montgomery
State
Texas
Latitude
30.339217
Longitude
-95.518793
5452 Davis St, Conroe, Texas

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5452 Davis St
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