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Providence Plaza 9612 FM 1488 1,500 - 9,000 SF of Retail Space Available in Magnolia, TX 77354
HIGHLIGHTS
- Excellent exposure with high daily traffic count.
- 1,000 gallons trap is in place.
- Drive Thru, and encap spaces are available.
- Affluent Community.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,500-6,000 SF | 22’ | 5 Years | $30.00 /SF/YR $2.50 /SF/MO $180,000 /YR $15,000 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 100 | 1,500-3,000 SF | 22’ | 5-10 Years | $30.00 /SF/YR $2.50 /SF/MO $90,000 /YR $7,500 /MO | Triple Net (NNN) |
1st Floor
New Class A prime retail strip center in a fast growing, and high-income community. Unlock the potential of your business at this premium retail strip center located in a high-visibility, high-traffic corridor in a thriving. This is an exceptional opportunity to establish or expand your brand in a dynamic location surrounded by national retailers, and strong demographics. A very generous tenant improvement is offered. 12,000 SF total of retail space Excellent exposure with high daily traffic counts Located in an affluent area with strong household income Ideal for a variety of tenants – retail, service, health & wellness, dining, and more Ample parking and easy accessibility Great signage opportunities and modern façade Strategically positioned near major intersections and residential neighborhoods Generous tenant improvement allowance
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Finished Ceilings: 22’
- Excellent exposure with high daily traffic count.
- 1,000 gallons trap is in place for restaurants
1st Floor, Ste 100
New Class A prime retail strip center in a fast growing, and high-income community. Unlock the potential of your business at this premium retail strip center located in a high-visibility, high-traffic corridor in a thriving. This is an exceptional opportunity to establish or expand your brand in a dynamic location surrounded by national retailers, and strong demographics. A very generous tenant improvement is offered. 12,000 SF total of retail space Excellent exposure with high daily traffic counts Located in an affluent area with strong household income Ideal for a variety of tenants – retail, service, health & wellness, dining, and more Ample parking and easy accessibility Great signage opportunities and modern façade Strategically positioned near major intersections and residential neighborhoods Generous tenant improvement allowance
- Lease rate does not include utilities, property expenses or building services
- Corner Space
- High Ceilings
- Finished Ceilings: 22’
- Drive Thru
- Excellent exposure with high daily traffic count
- 1,000 gallons trap is in place for restaurants
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.
PROPERTY FACTS
| Total Space Available | 9,000 SF | Gross Leasable Area | 12,000 SF |
| Min. Divisible | 1,500 SF | Year Built | 2025 |
| Property Type | Retail | Parking Ratio | 6/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 9,000 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 12,000 SF |
| Year Built | 2025 |
| Parking Ratio | 6/1,000 SF |
ABOUT THE PROPERTY
New Class A prime retail strip center in a fast growing, and high-income community. Unlock the potential of your business at this premium retail strip center located in a high-visibility, high-traffic corridor in a thriving. This is an exceptional opportunity to establish or expand your brand in a dynamic location surrounded by national retailers, and strong demographics. A very generous tenant improvement is offered. 12,000 SF total of retail space Excellent exposure with high daily traffic counts Located in an affluent area with strong household income Ideal for a variety of tenants – retail, service, health & wellness, dining, and more Ample parking and easy accessibility Great signage opportunities and modern façade Strategically positioned near major intersections and residential neighborhoods Generous tenant improvement allowance
NEARBY MAJOR RETAILERS
Presented by
Maxyield Capital
Providence Plaza | 9612 FM 1488
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