3115 College Park Dr - Medical CONDO FOR SALE


Conroe, TX 77384
$2,140,000 USD
512-580-6224
3115 College Park Dr, Conroe, TX for Sale
$2,140,000 USD
Medical CONDO - FOR SALE
1/21
null | 7% Cap Rate

3115 College Park Dr
Conroe, TX 77384


HIGHLIGHTS

  • BRAND NEW 5-YEAR LEASE
  • ESTABLISHED REGIONAL PRACTICE
  • 3% ANNUAL RENTAL ESCALATIONS

OVERVIEW

This property features a brand new 5-year lease, offering a stable and secure investment opportunity in The Woodlands, TX. The tenant, Forest Pediatrics, is a regional practice with a long-term operating history, ensuring reliability and consistent occupancy.

FOR SALE DETAILS

PRICE

$2,140,000 USD

PRICE/SF

$428 USD /SF

CAP RATE

7%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

College Park Med Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

11,761 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

None

APN/PARCEL ID

9700-09-00100

ASK ABOUT THIS PROPERTY

Ryan McCulloughPartnersMore Info
512-580-6224

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ryan McCulloughPartnersMore Info
512-580-6224

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.