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262 Beach Airport Rd
Conroe, TX 77301

Industrial Property For Sale

Investment Highlights

  • Insulated & climate controlled
  • 7.5% Cap Rate
  • Leaseback Terms: 5-year, Absolute NNN lease
  • In business for 12+ years

Executive Summary

Building Size: 5,500sf
Lot Size: 0.55 Acres
Overhead Doors: (3) 12' W x 14' H
Ceiling Height: 18'
Insulated & climate controlled warehouse
Office includes: Kitchen, bullpen/conference room, private offices, and multiple restrooms
Leaseback terms: 5-year, Absolute NNN lease
7.5% cap rate
In business for 12+ years

PROPERTY FACTS

Sale Type Investment
Cap Rate 8%
Sale Conditions Sale Leaseback
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class C
Lot Size 0.55 AC
Rentable Building Area 5,546 SF
No. Stories 1
Year Built 1984
Tenancy Single
Parking Ratio 1.44/1,000 SF
Clear Ceiling Height 18 FT
No. Drive In / Grade-Level Doors 3

Amenities

  • Mezzanine
  • Reception
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0539-01-01802
Land Assessment
$96,180
Improvements Assessment
$224,810
Total Assessment
$320,990

zoning

Zoning Code 1
1
  • Listing ID: 29023509

  • Date on Market: 7/17/2023

  • Last Updated:

  • Address: 262 Beach Airport Rd, Conroe, TX 77301

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