9605 Fm 1488 Rd | Magnolia, TX 77354
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This Retail Property is no longer advertised on LoopNet.com.
9605 Fm 1488 Rd
Magnolia, TX 77354
Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Owned by Classic Collision who own 150 collision centers nationwide, and are partnered with New Mountain Capital a $20B dollar private equity group
- This is considered a high volume shop, with multiple OEM brand partners as well
- Extended the shop space in 2018 to accommodate for more workload
- Shop is Mercedes Benz Certified and partnered with the local Mercedes Benz of The Woodlands dealership
- NOI $330,000 and a continuous 10 year lease with 3, 5 year options after
- Beautiful lobby with 38 feet tall ceilings and a modern high end feel with marble wall
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
21,330 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Tenancy
Single
Building Height
2 Stories
Building FAR
0.12
Lot Size
4.00 AC
Parking
120 Spaces (5.63 Spaces per 1,000 SF Leased)
Frontage
700’ on Farm to Market Rd 1488
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Fenced Lot
- Security System
- Storage Space
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | 6791-05-37103 | Improvements Assessment | $4,716,443 |
| Land Assessment | $1,393,920 | Total Assessment | $6,110,363 |
PROPERTY TAXES
Parcel Number
6791-05-37103
Land Assessment
$1,393,920
Improvements Assessment
$4,716,443
Total Assessment
$6,110,363
Listing ID: 24388746
Date on Market: 10/29/2021
Last Updated:
Address: 9605 Fm 1488 Rd, Magnolia, TX 77354
The Retail Property at 9605 Fm 1488 Rd, Magnolia, TX 77354 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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