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31300-31368 Nichols Sawmill Rd 1,512 SF Office/Medical Condo Units Offered at $422,760 - $429,760 Per Unit in Magnolia, TX 77355



Investment Highlights
- Upscale, new construction, condominium office space
- Natural lighting & upper-end finishes
- Single-story with private front door entrance and surface parking
- Build-out complete to accommodate medical specialist
- Units range from 1,512 - 4,536 SF
- Customizable floor plans and options available
Executive Summary
Custom new office condo for sale in Magnolia, Texas! Conveniently located in the Magnolia Office Park, off Nichols Sawmill Road, this unit offers offer just over 1500 SF of upper end office space with easy accessibility. This highly traveled area is less than a mile from the intersection of FM 1774 and Nichols Sawmill Rd and minutes from both FM 1488 and SH 249 Tollway. This custom office space offers 10 foot ceilings, 8-foot glass & iron entry door, Cat 6 wiring, surveillance cameras, granite countertops, handicap accessible bathrooms, 16-SEER HVAC, custom lighting, wood-look tile flooring, landscaping and 10 parking spaces. This well-designed office park is a rare opportunity in Magnolia with current units occupied by a local developer, engineering firm and doctors office coming soon. Ideal build-out completed for a professional medical office space, ready to accommodate a psychologist, counselor, therapist, audiologist, cardiologist, physical therapist, chiropractor.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
5 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Sale Type | Investment | Cap Rate | 9.50% |
| Sale Type | Investment |
| Cap Rate | 9.50% |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 4A | 1,512 SF | Office/Medical | $422,760 ($279.60/SF) | - |
| Unit 4B | 1,512 SF | Office/Medical | $429,760 ($284.23/SF) | - |
| Unit 7-B | 1,512 SF | Office/Medical | $424,760 ($280.93/SF) | - |
| Unit 8-B | 1,512 SF | Office/Medical | $424,650 ($280.85/SF) | - |
| Unit 12A | 1,512 SF | Office/Medical | $425,000 ($281.08/SF) | $40,375 |
Unit 4A
| Unit Size |
| 1,512 SF |
| Condo Use |
| Office/Medical |
| Price |
| $422,760 ($279.60/SF) |
| NOI |
| - |
Unit 4B
| Unit Size |
| 1,512 SF |
| Condo Use |
| Office/Medical |
| Price |
| $429,760 ($284.23/SF) |
| NOI |
| - |
Unit 7-B
| Unit Size |
| 1,512 SF |
| Condo Use |
| Office/Medical |
| Price |
| $424,760 ($280.93/SF) |
| NOI |
| - |
Unit 8-B
| Unit Size |
| 1,512 SF |
| Condo Use |
| Office/Medical |
| Price |
| $424,650 ($280.85/SF) |
| NOI |
| - |
Unit 12A
| Unit Size |
| 1,512 SF |
| Condo Use |
| Office/Medical |
| Price |
| $425,000 ($281.08/SF) |
| NOI |
| $40,375 |
Unit 4A
| Unit Size | 1,512 SF |
| Condo Use | Office/Medical |
| Price | $422,760 ($279.60/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
Unit 4B
| Unit Size | 1,512 SF |
| Condo Use | Office/Medical |
| Price | $429,760 ($284.23/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
Unit 7-B
| Unit Size | 1,512 SF |
| Condo Use | Office/Medical |
| Price | $424,760 ($280.93/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
Unit 8-B
| Unit Size | 1,512 SF |
| Condo Use | Office/Medical |
| Price | $424,650 ($280.85/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
Unit 12A
| Unit Size | 1,512 SF |
| Condo Use | Office/Medical |
| Price | $425,000 ($281.08/SF) |
| NOI | $40,375 |
| Sale Type | Investment |
| Cap Rate | 9.50% |
Property Facts
Amenities
- 24 Hour Access
- Security System
- Kitchen
- Accent Lighting
- Reception
- Central Heating
- High Ceilings
- Natural Light
- Air Conditioning
Presented by
31300-31368 Nichols Sawmill Rd
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