27316 Spectrum Way Conroe, TX
23,380 SF flex space with income potential.
Property size:
23,380 SFLot size:
1.35 AcresProperty Features for 27316 Spectrum Way
General Information
- Size
- 23,380 SF
- Lot size
- 1.35 Acres
Source:
Moodyscre
Listing Agent: Jeff Beard
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Spectrum Way Investment Opportunity
The property at 27316 Spectrum Way, Conroe, TX, offers an investment opportunity with a total of 23,380 square feet of gross leasable area. Constructed in 2014, the property is situated on 1.34 acres. It features two buildings: one with 17,000 square feet of office space and another with 6,380 square feet of industrial space. The property includes quality tenants and in-place income with a weighted average lease term (WALT) of 4.5 years. There is upside potential in 8,000 square feet of available office lease space. The surrounding area includes a mix of retail, commercial, industrial, and residential developments. Its location provides convenient access to major thoroughfares such as I-45, Hardy Toll Road, and TX-99. The property benefits from the economies of The Woodlands and Oak Ridge North area, positioning it for long-term appreciation.
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Conroe
- County
- Montgomery
- State
- Texas
- Longitude
- -95.3311652
- Latitude
- 30.2123622
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FAQs
What type of property is this?
Flex space - 23,380 SF flex space with income potential.
Where is this flex space located?
The property is located at 27316 Spectrum Way Conroe, TX.
What are key features of this property?
This property features: - Excellent owner-user or investment opportunity with quality tenants and in-place income.; - Weighted Average Lease Term (WALT) of 4.5 years provides stable income.; - Upside potential with 8,000 SF of available office lease space.