27316 Spectrum Way Conroe, TX 77385
Property Features for 27316 Spectrum Way
General Information
- Size
- 23,380 SF
Building Details
- Year built
- 2014
Source:
Jbeardcompany
Listing Agent: Jacquelyn Prosch
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Office and Industrial Building
This office and industrial building, constructed in 2014, offers an opportunity for either owner-users or investors. The property has a gross leasable area of 23,380 square feet and is situated on 1.34 acres. The location provides convenient access to major thoroughfares, including I-45, Hardy Toll Road, and TX-99. The property consists of two buildings: one office building with 17,000 square feet and one industrial building with 6,380 square feet. The property benefits from a mix of retail, commercial, industrial, and residential development in the surrounding area. The property has quality tenants in place, generating income with a weighted average lease term (WALT) of 4.5 years. There is an upside potential in 8,000 square feet of available office lease space. The property is positioned for long-term appreciation due to favorable market dynamics and the strong, growing economies of The Woodlands and Oak Ridge North area.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Conroe
- County
- Montgomery
- State
- Texas
- Longitude
- -95.4223
- Latitude
- 30.1879
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Office and industrial building for sale or lease.
Where is this office building located?
The property is located at 27316 Spectrum Way Conroe, TX.
What are key features of this property?
This property features: - Strategic location with convenient access to I-45, Hardy Toll Road, and TX-99; - Existing tenants and in-place income with a WALT of 4.5 years; - Upside potential with **8,000 SF of available office lease space**