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11840 FM 1488 Rd 1,000 - 4,125 SF of Space Available in Magnolia, TX 77354
Highlights
- Frontage on FM 1488 Rd, Near new expansive development at 149 Spur
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste B-3 | 3,125 SF | 14’ - 16’ | 3-5 Years | $36.00 /SF/YR $3.00 /SF/MO $112,500 /YR $9,375 /MO | Triple Net (NNN) | |
| 1st Floor, Ste B4 | 1,000 SF | - | Negotiable | $32.00 /SF/YR $2.67 /SF/MO $32,000 /YR $2,667 /MO | Triple Net (NNN) |
1st Floor, Ste B-3
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Medical Space
- Office intensive layout
- Fits 8 - 25 People
- Partitioned Offices
- Finished Ceilings: 14’ - 16’
- Space is in Excellent Condition
- Private Restrooms
- High Ceilings
- After Hours HVAC Available
- DDA Compliant
- Wheelchair Accessible
1st Floor, Ste B4
Space B-4 measures 1,000 SF and is currently in shell condition. Space B-3 is fully built out including 14 Private Offices - Exam Rooms- with a Sink in each private space 2 Private Restrooms 1 Break Room 1 Reception Area
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Office, Medical,+ many various uses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,125 SF | Gross Leasable Area | 9,615 SF |
| Property Type | Retail | Year Built | 2023 |
| Property Subtype | Freestanding |
| Total Space Available | 4,125 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,615 SF |
| Year Built | 2023 |
About the Property
Newly Built retail center with frontage off of FM 1488. and very close to new expansive commerce develepment at the corner of Spur 149. SPACE B-4 measures 1,000 SF and is currently in shell condition. SPACE B-3 is fully built out including, currently as 14 Private Beauty Solon Studios which can be utilized for Office, Medical, Tutoring or many other uses. 14 Private Offices - Exam Rooms- with a Sink in each private space 2 Private Restrooms 1 Break Room, 1 Laundry Center 1 Reception Area
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Presented by
11840 FM 1488 Rd
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