19960 Tx-242Conroe, TX 77306

This exceptional investment opportunity presents a 22,700-square-foot industrial portfolio in Conroe, Texas, boasting a compelling 7.05% capitalization rate and a strong net operating income (NOI) of $246,629. The property comprises five Class C warehouses situated on a seven-acre lot, currently 100% leased to five tenants under a triple-net (NNN) lease structure. Built in 2004, each warehouse features 18-foot ceilings, heavy power, large grade-level doors, and ample outside storage. The property also includes a billboard lease, adding to its income stream. All buildings are fully insulated and have never experienced flooding. The asking price is $3,500,000, translating to $154.19 per square foot. Below-market rents present a significant opportunity for future income growth. Seller financing is available, making this an attractive proposition for investors seeking a stable, high-yielding asset in a thriving Texas market. The property is located at 19960 TX-242, Conroe, TX 77306, within Montgomery County. This multi-tenant industrial complex offers a diversified income stream and significant potential for long-term appreciation.