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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5403 Farm To Market 1488 Conroe, TX 77384

10,300 SF Built 2000
Property ID
Property summary
AI-generated overview

Rainbow Plaza offers exceptional retail space for lease in Montgomery County, Texas. This 10,300 square foot multi-tenant building, constructed in 2000, boasts a highly visible location at the southwest corner of FM 1488 Road and Sweetgum Lane, providing excellent access and exposure. Two spaces are currently available, offering flexibility for various business types. One space offers 900 square feet, while a second, larger end-cap space totals 1,469 square feet and presents the potential for a drive-thru. Both spaces are considered second-generation and are available for immediate occupancy. The property benefits from a high traffic count, with approximately 46,500 vehicles traveling east on FM 1488 daily and approximately 41,200 vehicles traveling west, according to 2022 TxDOT data. This strategic location is near the entrance to The Woodlands, a renowned master-planned community. Pylon signage is also available, enhancing visibility and brand recognition. The minimum divisible space is 900 square feet, with a maximum contiguous space of 1,469 square feet. A total of 2,369 square feet is currently vacant. Contact for lease rates and further information.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2000
Total area 10,300 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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