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3115 College Park Dr - NNN Forest Pediatrics 5,000 SF Office/Medical Condo Unit Offered at $2,140,000 in Conroe, TX 77384
INVESTMENT HIGHLIGHTS
- BRAND NEW 5-YEAR LEASE
- 3% ANNUAL RENTAL ESCALATIONS
- ESTABLISHED REGIONAL PRACTICE
EXECUTIVE SUMMARY
This property features a brand new 5-year lease, offering a stable and secure investment opportunity in The Woodlands, TX. The tenant, Forest Pediatrics, is a regional practice with a long-term operating history, ensuring reliability and consistent occupancy.
PROPERTY FACTS
| Price | $2,140,000 | Building Class | B |
| Unit Size | 5,000 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 5,000 SF |
| Total Building Size | 11,761 SF | Year Built | 2004 |
| Property Type | Office (Condo) | Lot Size | 0.97 AC |
| Property Subtype | Medical | Parking Ratio | 10/1,000 SF |
| Sale Type | Investment NNN |
| Price | $2,140,000 |
| Unit Size | 5,000 SF |
| No. Units | 1 |
| Total Building Size | 11,761 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment NNN |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 5,000 SF |
| Year Built | 2004 |
| Lot Size | 0.97 AC |
| Parking Ratio | 10/1,000 SF |
1 UNIT AVAILABLE
Unit 104
| Unit Size | 5,000 SF | Sale Type | Investment |
| Price | $2,140,000 | Cap Rate | 7.00% |
| Price Per SF | $428.00 | NOI | $149,800 |
| Condo Use | Office/Medical |
| Unit Size | 5,000 SF |
| Price | $2,140,000 |
| Price Per SF | $428.00 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| NOI | $149,800 |
DESCRIPTION
The Medical Investment Group of Partners Real Estate is pleased to present Forest Pediatrics, a premier medical office investment opportunity in The Woodlands, TX. This 5,000-square-foot property, built in 2004, is home to an established pediatric practice with a long-term operating history, providing stability and reliability for investors. Anchored by a brand-new 5-year lease with 3% annual rent escalations, the property offers a strong 7% cap rate, making it an attractive asset in one of the most desirable suburban markets in Texas. Located in a thriving community known for its excellent demographics and proximity to top-tier amenities, Forest Pediatrics combines long-term income potential with a proven tenant in a growing market.
AMENITIES
- Signage
ZONING
| Zoning Code | None |
| None |
Presented by
3115 College Park Dr - NNN Forest Pediatrics
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