332 Fm 1488 RdConroe, TX 77384
High-Yield 7 Brew Ground Lease; 5.75% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- $1,304,347 asking price for a 500 SF retail property.
- Absolute NNN ground lease with a 15-year term.
- 5.75% cap rate and $75,000 annual NOI.
- Brand new construction (2024) on a 26,789 SF lot in Conroe, TX.
- Located on FM 1488, a high-traffic area (approx. 55,000 vehicles per day).
Property Details for 332 Fm 1488 Rd
- Property type
- Other retail properties, Retail properties
- Square Feet
- 500 SF
- Year Built
- 2024
Location Insight
- City
- Conroe
- County
- Montgomery
- State
- Texas
- Latitude
- 30.2371748
- Longitude
- -95.4651035
Nearby Similar for Sale
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