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M Square Commercial announces the completed sale of a 0.558-acre retail property at 826 S Frazier Street to Taco Veloz, LLC. The parcel, previously excess land from Hutton Exchange Conroe TX, LLC's Little Caesars development, will support Taco Veloz's expansion in the Houston metropolitan market.
M Square Commercial worked in collaboration with Louie Tijerina, Senior Associate at CBRE, to facilitate the transaction. The property attracted multiple offers during the sales process.
Conroe's location within the fast-growing Houston metropolitan area makes it an attractive destination for retail and restaurant developments. The Frazier Street corridor's established business presence and high traffic patterns make it particularly appealing for restaurant operators seeking expansion opportunities.
"The Frazier Street corridor's high traffic and strategic location made this an ideal site for Taco Veloz's growth," said Brittany Megrath, CCIM, Managing Broker at M Square Commercial. "This transaction demonstrates the continued demand for well-positioned retail properties in Conroe's expanding market."
The property’s Conroe-NE zoning offers flexibility for retail and restaurant use, enabling Taco Veloz to efficiently establish their next location. The sale benefits multiple stakeholders: it provides Taco Veloz with a prime location for growth, reduces holding costs for the seller, and brings new dining options to the local community.
For more details about this transaction, visit the detailed case study on the Conroe retail land sale.
About M Square Commercial
M Square Commercial is a trusted partner in strategic property dispositions and acquisitions, offering nationwide commercial real estate services tailored to clients’ unique needs. For commercial real estate opportunities, contact M Square Commercial at (702) 637-9870 or visit msquarecommercial.com.
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Organization: US Commercial Lending News
Address: 135 West 36th Street, New York, NY 10018, United States
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Release ID: 89147638
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