Smalls Sliders
$1,966,000
2116 West Davis Street, Conroe, TX 77304
For Sale
Retail
Free Standing
Active
Last Updated: 08/14/2025
5.85
Cap Rate
115,000
NOI
Details:
Cap Rate: 5.85%
NOI: $115,000
Lot Area: 0.95 acres
Year Built: 2025
Tenancy: Single
Highlights:
- A 15-year absolute net ground lease Smalls Sliders in the Houston MSA
- Brand-new 2 025 build-t o-suit construction with drive-thru
- Tenant spending over $2M on building demonstrating long-term commitment/financial strength
- 10% rental increases every 5 years during the primary term and option periods
- Rapidly expanding franchisee with extensive growth plan in Houston and Austin
- Exposed to 38,000+ VPD along W Davis Street with direct ingress/egress
Description:
A 15-year absolute net ground lease Smalls Sliders featuring 10% rental increases every 5 years and 5, 5-year options to extend the lease. Tenant is a rapidly expanding Smalls franchisee with an extensive growth plan in Houston and Austin.
Documents:
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SmallsSliders_ConroeTX.pdf
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