Single Tenant Commercial RE Investment in Montgomery Co TX

Listing Number: 76931-347378

Description

This is a commercial real estate investment opportunity offered at a 6.0% cap rate. Current tenant just renewed for an additional 10 years, NNN, with 3 year escalations. 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 Details

• Price: $ 3,125,000
• Down Payment: $3,125,000
• Sellers Discretionary Earnings: $ 187,800
• Total Sales: $ 187,800
• Location: Montgomery, Texas


• Inventory: $ 0
• FF&E: $ 0
• Employees:
• Reason for Selling: NA
• Category: Real Estate Related