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8185 State Highway 242

Off-Market

8185 State Highway 242, Conroe, TX 77385

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  • Property Type Retail - Freestanding Big Box
  • Property Size 152,035 SF
  • Lot Size 17.46 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2014

Location

  • City Conroe, TX
  • Neighborhood Alden Bridge
  • Zip Code 77385
  • Market Houston

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 25 Jun, 2014
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Conroe

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Conroe Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $28.88
  • 2020 Office Vacancy Rate 11.73%
  • 2020 Office Completions (SF)
View more Conroe market trends

Tax

  • Property Tax in 2021 $340,785
  • Market Value* $15,000,000
  • Assessed Value $15,000,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 8185 State Highway 242?

8185 State Highway 242 totals 152,035 square feet.

When was this property built?

8185 State Highway 242 was built in 2014.

When was 8185 State Highway 242 last sold?

8185 State Highway 242 was last sold on 25 Jun, 2014.

What is the property tax for 8185 State Highway 242?

The property tax for 8185 State Highway 242 in 2021 was $340,785.

What is the market value for 8185 State Highway 242?

The market value* for 8185 State Highway 242 in 2021 was $15,000,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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