5403 Farm To Market 1488 Conroe, TX 77384
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.