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702 N Thompson St Bureau 1 583 m² 70 % Loué À vendre Conroe, TX 77301 2 329 749 € (1 471,58 €/m²)

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Certaines informations ont été traduites automatiquement.

Informations principales sur l'investissement

Prime downtown Conroe location just two blocks from the Montgomery County Courthouse and surrounding government and professional offices.
Rare ample parking plus an additional 0.5 acre paved lot across the street, a rare and highly desirable feature for downtown properties.
Extensive 2024 renovation to exterior and interior areas of the property.

Approximately 17,000 square feet of brick and steel frame office improvements on 1.5 acres spanning a full city block with three street frontage.
Flexible lease terms provide stable income with near term rent growth potential and flexibility for owner occupancy.
All lease space are fully built out with flexible sizes and layouts to accurate a variety of uses.

Résumé analytique

The Thompson, comprised of 702 & 704 North Thompson Street, presents the opportunity to acquire a well located, approximately 17,000 square foot multi tenant professional office property in the heart of downtown Conroe. Positioned just two blocks from the Montgomery County Courthouse and surrounding city offices, the property benefits from consistent demand from legal, governmental, and professional service users seeking proximity to the county seat and downtown business core.
Originally constructed for county administrative use for the county seat of Montgomery County, the property is an impressive brick and steel frame building that has served a wide range of governmental and professional tenants over its history. The original property has been expanded and now comprised of two separate buildings with a shared atrium, and two large parking lots, remains today, an established well known office location within the community. Most recently, the building completed a comprehensive 2024 renovation including exterior refinishing as well as modernization of the interior common areas, creating a clean, updated appearance while maintaining its classic mid century character and solid construction. The two adjacent buildings sit on approximately 1.5 acres and span the full block between Lewis Street and Nugent Street with frontage on three sides, providing excellent visibility, signage opportunities, and convenient access. The property offers efficient and flexible floor plans configured primarily for smaller office suites, allowing for broad tenant demand and easy leasing. Current shorter term and staggered lease structures provide stable in place income while creating near term mark to market opportunities for a new owner to increase rental rates and improve cash flow. The layout also allows for partial or near to full owner occupancy, making the asset attractive to both investors and businesses seeking their own office presence.
Parking is a key stand out for the property. In addition to a large on site lot adjacent to the building, the sale includes an additional paved lot of approximately 0.5 acres directly across North Thompson Street from the main entrance. This amount of parking is rare and highly desirable in a downtown setting and provides a competitive advantage over surrounding properties.
With strong visibility, flexible suite sizes, abundant parking, and a prime downtown location, the property offers a compelling value add or owner user opportunity in one of the fastest growing submarkets in the North Houston region.

The Thompson Conroe - Memorandum (web ver.) 702-704 North Thompson Rev.4.1.02232

Informations sur l’immeuble

Type de vente

Investissement ou propriétaire occupant

Type de bien

Bureau

Surface de l’immeuble

1 583 m²

Classe d’immeuble

Année de construction

1960

Prix

2 329 749 €

Prix par m²

1 471,58 €

Pourcentage loué

70 %

Occupation

Multi

Hauteur du bâtiment

1 étage

Surface type par étage

1 583 m²

Coefficient d’occupation des sols de l’immeuble

0,25

Surface du lot

0,64 ha

Zone de développement économique [USA]

Oui

Stationnement

68 places (42,95 places par 1 000 m² loué)

Accès 24 h/24
Atrium

Signalisation
Panneau monumental

Sièges extérieurs
Climatisation

Internet par fibre optique