19786 Highway 105 W | Montgomery, TX 77356
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19786 Highway 105 W
Montgomery, TX 77356
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Surrounded by Dense, high Income Residential Subdivisions.
- Well Maintained Concrete Parking Lot.
- 93.1% Occupancy, with 93.2% of Leases Being NNN.
- New LED Parking Lot and Walkway Lighting.
- Priced at Below Replacement Cost.
- Management Fee Included as Operating Expenses – Presenting an Upside for Owner-managed Property Owner.
EXECUTIVE SUMMARY
Partners is pleased to exclusively present for sale The Colonnade on Lake Conroe ("Property"), a multitenant retail shopping center
encompassing 27,075 square feet on a 2.25-acre parcel in Montgomery, Texas, part of the Houston Metropolitan Statistical Area (MSA).
The Property is strategically located along State Highway 105, the primary east-west thoroughfare connecting residents and commuters to Interstate 45.
encompassing 27,075 square feet on a 2.25-acre parcel in Montgomery, Texas, part of the Houston Metropolitan Statistical Area (MSA).
The Property is strategically located along State Highway 105, the primary east-west thoroughfare connecting residents and commuters to Interstate 45.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
22,075 SF
Building Class
B
Year Built
2005
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.25 AC
Zoning
3
Parking
40 Spaces (1.81 Spaces per 1,000 SF Leased)
Frontage
288 FT on Highway 105 Rd
AMENITIES
- 24 Hour Access
- Fenced Lot
- Pylon Sign
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 9492-00-01200 | Improvements Assessment | $1,987,735 |
| Land Assessment | $819,624 | Total Assessment | $2,807,359 |
PROPERTY TAXES
Parcel Number
9492-00-01200
Land Assessment
$819,624
Improvements Assessment
$1,987,735
Total Assessment
$2,807,359
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