CRE Investment Property in Montgomery Co TX $193k+ NOI
Property Description
Looking for single tenant real estate investment opportunity with a long term lease in place? Check this out!
This is a commercial real estate investment opportunity offered at a 6.2% cap rate. Current tenant just renewed for an additional 10 years, NNN, with 3 year escalations. Annual NOI effective April, 2025 is $193,440. Lease expires April, 2034. Located in The Woodlands / Spring area, in Montgomery County, south Texas, this +- 1.5 acre property has a purpose built 7,930 SF commercial school, with 9,240 gross building area. Current real property owners also ran the educational business from 2014-2019, when they sold it to a third party, and leased the building to them. After the five year initial lease, they recently extended for an additional 10 years. This is an excellent opportunity for a commercial real estate investor to acquire real estate with an existing successfully operating tenant. Excellent location in a growing area in south Texas. Contact broker for showing.
This is a commercial real estate investment opportunity offered at a 6.2% cap rate. Current tenant just renewed for an additional 10 years, NNN, with 3 year escalations. Annual NOI effective April, 2025 is $193,440. Lease expires April, 2034. Located in The Woodlands / Spring area, in Montgomery County, south Texas, this +- 1.5 acre property has a purpose built 7,930 SF commercial school, with 9,240 gross building area. Current real property owners also ran the educational business from 2014-2019, when they sold it to a third party, and leased the building to them. After the five year initial lease, they recently extended for an additional 10 years. This is an excellent opportunity for a commercial real estate investor to acquire real estate with an existing successfully operating tenant. Excellent location in a growing area in south Texas. Contact broker for showing.
Listing Info
- ID:
- 2303465
- Listing Views:
- 754
Listing ID: 2303465 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Similar Listings
