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33204 Magnolia Cir - Sports Facility 38,000 SF Sports & Entertainment Building Offered at $6,500,000 at a 6.97% Cap Rate in Magnolia, TX 77354
INVESTMENT HIGHLIGHTS
- Prime location less than 5 minutes to The Woodlands.
- Ample site improvements and all three buildings fully air-conditioned.
- Long-term lease in place until 2030.
- 40,000 + VPD on FM 1488
EXECUTIVE SUMMARY
Prime investment opportunity! Located in rapidly growing Montgomery County, TX, in Magnolia and minutes from The Woodlands, Conroe, Montgomery, and Tomball.
This prime single-tenant industrial warehouse space spans approximately. 38,000 SF across five free-standing metal buildings on 3.86 acres in Magnolia, TX. With a long-term tenant in place until March 2030, offering a 7% cap rate and annual rent bumps, this property presents a lucrative investment opportunity.
Benefiting from its proximity to FM 1488, with over 40,000 VPD (2024 data). Located within walking distance of HEB, Marble Slab, Great American Cookie Co., Hollywood Feed, among many other businesses. The three larger buildings (A, B, C) feature 32' ceiling heights, large manual roll-up doors, custom sports court flooring, and fully air-conditioned interiors. Building A includes offices, restrooms, and a concession/kitchen area. Additional buildings include a 1,430-square-foot office building and a 660-square-foot workout space, both fully air-conditioned. The property also includes two full-sized sand volleyball courts with lights and netting, as well as a separate storage building.
Contact the agent/owner today for more information at 832-795-7433.
This prime single-tenant industrial warehouse space spans approximately. 38,000 SF across five free-standing metal buildings on 3.86 acres in Magnolia, TX. With a long-term tenant in place until March 2030, offering a 7% cap rate and annual rent bumps, this property presents a lucrative investment opportunity.
Benefiting from its proximity to FM 1488, with over 40,000 VPD (2024 data). Located within walking distance of HEB, Marble Slab, Great American Cookie Co., Hollywood Feed, among many other businesses. The three larger buildings (A, B, C) feature 32' ceiling heights, large manual roll-up doors, custom sports court flooring, and fully air-conditioned interiors. Building A includes offices, restrooms, and a concession/kitchen area. Additional buildings include a 1,430-square-foot office building and a 660-square-foot workout space, both fully air-conditioned. The property also includes two full-sized sand volleyball courts with lights and netting, as well as a separate storage building.
Contact the agent/owner today for more information at 832-795-7433.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $6,500,000 | Building Class | B |
| Price Per SF | $171.05 | Lot Size | 3.86 AC |
| Sale Type | Investment | Building Size | 38,000 SF |
| Cap Rate | 6.97% | No. Stories | 1 |
| Property Type | Sports & Entertainment | Year Built/Renovated | 2014/2022 |
| Zoning | 2 | ||
| Price | $6,500,000 |
| Price Per SF | $171.05 |
| Sale Type | Investment |
| Cap Rate | 6.97% |
| Property Type | Sports & Entertainment |
| Building Class | B |
| Lot Size | 3.86 AC |
| Building Size | 38,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2014/2022 |
| Zoning | 2 |
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 5171-00-00910 | Total Assessment | $2,500,000 |
| Land Assessment | $592,328 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,907,672 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
5171-00-00910
Land Assessment
$592,328
Improvements Assessment
$1,907,672
Total Assessment
$2,500,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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33204 Magnolia Cir - Sports Facility
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