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Shoppes at Magnolia Circle 33108 Magnolia Cir 11,550 SF 100% Leased Retail Building Magnolia, TX 77354 $5,830,427 ($504.80/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Shadow-anchored by H-E-B and the 184-unit Alders Magnolia.
- Magnolia is nationally ranked as 7th in growth among U.S. Counties (City of Magnolia).
- Magnolia is near four major employment hubs: Tomball, The Woodlands, Conroe, and Houston.
- Major housing development nearby including the 3,300-acre master-planned Audubon Magnolia and the $20M mixed-use Magnolia Lights project.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,550 SF
Building Class
C
Year Built
2023
Price
$5,830,427
Price Per SF
$504.80
Cap Rate
6.50%
NOI
$378,978
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.89 AC
Frontage
194’ on Farm to Market Road 1488
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8765-00-00100 | Improvements Assessment | $1,492,079 |
| Land Assessment | $670,339 | Total Assessment | $2,162,418 |
PROPERTY TAXES
Parcel Number
8765-00-00100
Land Assessment
$670,339
Improvements Assessment
$1,492,079
Total Assessment
$2,162,418
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MATTERPORT 3D TOUR
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STREET VIEW
STREET
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Shoppes at Magnolia Circle | 33108 Magnolia Cir
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