100 Commercial Cir Conroe, TX 77304

Property Details for 100 Commercial Cir

Year built

1979

Lot size

1.75 lot acres

Property size

20,023 SF

Property type

Office Properties & Spaces

Description

This exceptional investment opportunity presents two adjacent, well-maintained Class C office buildings totaling over 20,000 square feet of net rentable space in Conroe, Texas. Located at 100 Commercial Circle, Buildings A and B offer a unique blend of owner-user potential and existing income generation. Building A, at 8,660 square feet, boasts over 70% occupancy and is currently generating rental income. Building B, encompassing 11,600 square feet, presents a prime opportunity for an owner-user to occupy and customize the space to their needs. The property sits on a 1.75-acre lot, conveniently located just half a mile from I-45 at the intersection of FM 2854 and Commercial Circle, ensuring excellent visibility and accessibility. Built in 1979, these two-story steel-framed, brick-veneered buildings feature well-maintained second-generation office suites. Amenities include a large monument sign with available tenant panels and high-speed internet access in both buildings. Building B also benefits from a generator. The property is zoned for commercial use and offers a multi-tenant occupancy structure, providing flexibility for various business models. Lease commencement for available space is July 31, 2024. This property is ideal for an owner-user seeking to combine their business operations with a profitable investment strategy. The existing tenant base in Building A provides immediate cash flow, while Building B offers significant expansion or relocation potential.