32818 Tamina Rd
Magnolia, TX 77354
NNN Investment 8.32% Cap - 15% C/C · Industrial Property For Sale

The investment is absolute net leased with 100% of expenses being reimbursed to the landlord and is located in Montgomary County, a sub-market of The Woodlands, TX, which is one of the most sought after markets within the Houston, Texas metroplex area. The property consists of two parcels with a shared parking easement located between the parcels. 32818 Tamina Road @ 5,913 SF and fronts on the primary access road and 7515 Oak Bluff Drive @ 7,639 SF located at the rear with separate ingress and egress points. The property is surrounded by a mix of retail power centers, regional and local strip centers, office and light industrial. The subject property has e-commerce resistant tenants with many destination-point retail drivers such as Ross, Target, Office Depot and Home Depot located less than a mile away. There is a high demand for retail flex space which the property can accommodate and the many users seeking this unique space in the area bodes well for continued inflationary pressure on rent rates.