This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1915 N Frazier St

9,486 SF 100% Leased Retail Building Conroe, TX 77301 $1,264,354 CAD ($133 CAD/SF) 8.79% Cap Rate

Investment Highlights

  • Great visibility in rapidly growing Conroe
  • Multiple tenants
  • Ample parking

Executive Summary

Prime investment opportunity located in the heart of fast growing city of Conroe. This property is 100% occupied and has been extensively renovated with long-term leases in place. Perfectly positioned in a high-traffic area, this is a rare opportunity to secure a solid, low-maintenance investment in a thriving market.

Data Room Click Here to Access

Financial Summary (Pro forma - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,486 SF
Building Class
C
Year Built
1965
Price
$1,264,354 CAD
Price Per SF
$133 CAD
Cap Rate
8.79%
NOI
$111,151 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Land Acres
1.01 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
30 Spaces (3.16 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Courtyard
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Taquerias Arandas
Planet Fitness
Woodforest Bank
H-E-B
Frost Bank
Melting Pot Smoke Shop
PNC Bank
MOD Pizza
Texas Roadhouse
Taco Bueno

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0002-02-05810
Land Assessment
$365,703 CAD (2023)
Improvements Assessment
$273,745 CAD (2023)
Total Assessment
$639,448 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 33509215

  • Date on Market: 2024-10-14

  • Last Updated:

  • Address: 1915 N Frazier St, Conroe, TX 77301

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}