CRE Investment Property in Montgomery Co TX $193k+ NOI

Listing Number: 76931-347378

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.

Listing Details

• Price: $3,125,000
• Down Payment: $3,125,000
• Sellers Discretionary Earnings: $193,440
• Total Sales: $193,440
• Location: Montgomery County, Texas


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