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Triumph Center 7030 FM 1488 Rd 4,600 SF of Office/Retail Space Available in Magnolia, TX 77354
HIGHLIGHTS
- Strategically located on FM 1488: yards from 2978, Research Forest Dr, Kroger Shopping Center, Target Shopping Center
- Rear drive under canopy provides covered entrance for building
- Excellent medical and retail tenant mix
- 2016 Build, Class A Retail Center with strong tenant improvement allowances
- 25' Monument highly visible to high daily traffic volumes
- Ample parking in front and rear of property
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 2nd Floor | 4,600 SF | 1-5 Years | $23.00 /SF/YR $1.92 /SF/MO $105,800 /YR $8,817 /MO | Triple Net (NNN) |
7030 FM 1488 Rd - 2nd Floor - Ste 2nd Floor
Divisible.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- Central Air Conditioning
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.
SELECT TENANTS AT TRIUMPH CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Hometown Family Dentistry
- MD/DDS
- 1
- Local
- LV Wellness
- Fitness
- 1
- Local
- Triumph Pharmacy
- Drug Store
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Hometown Family Dentistry | MD/DDS | 1 | Local |
| LV Wellness | Fitness | 1 | Local |
| Triumph Pharmacy | Drug Store | 1 | Local |
PROPERTY FACTS
| Total Space Available | 4,600 SF | Frontage | 500’ on FM 1488 |
| Center Type | Strip Center | Gross Leasable Area | 14,000 SF |
| Parking | 150 Spaces | Total Land Area | 1.80 AC |
| Stores | 2 | Year Built | 2016 |
| Center Properties | 1 |
| Total Space Available | 4,600 SF |
| Center Type | Strip Center |
| Parking | 150 Spaces |
| Stores | 2 |
| Center Properties | 1 |
| Frontage | 500’ on FM 1488 |
| Gross Leasable Area | 14,000 SF |
| Total Land Area | 1.80 AC |
| Year Built | 2016 |
ABOUT THE PROPERTY
Triumph Center offers prospective retail/medical/professional tenants a well-appointed Class A retail and office space strategically located on FM 1488 near some of the areas largest power centers. Featuring a modern design and build with stone and stucco, Triumph Center includes ample parking, highly visible monument signage, and a rear canopy for covered entrance into the building. Prospective tenants will enjoy strong tenant improvement allowances with long-term leases (5+ years) and a synergistic tenant mix of retail, restaurant, and professional businesses.
- 24 Hour Access
- Air Conditioning
- Security System
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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Triumph Center | 7030 FM 1488 Rd
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