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Industrial Flex Facility with Imaging Tenant
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110 Magellan Cir, Webster, TX 77598

2016-built industrial/flex facility fully occupied by Evident Scientific on about 1.09 acres in the Houston MSA.

Property Size24,570 SF
Days on Market104

Property Features for 110 Magellan Cir

General Information

Standard status Active
Size 24,570 SF
Property subtype Industrial
Occupancy 100%
Lease Type NN
Investment Type Net Lease

Building Details

Year Built 2016
Tenancy Single
Listing Agency: Marcus & Millichap - Houston
Listed By: Justin Miller · License #TX 0551204
Source: Crexi
Added: Jul 9 Changed: Oct 14 Last Checked: Oct 19 at 7:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Houston

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Investment Insights

Based on property information with market context.

This industrial/flex facility consists of an approximately 24,570 SF purpose-built building constructed in 2016, currently fully occupied as a 100% leased, single-tenant asset. The property is leased to Evident Scientific, supporting advanced imaging, microscopy, and industrial inspection operations.

The asset is located within the Houston MSA and is positioned near major aerospace, healthcare, and technology employment hubs, including NASA Johnson Space Center, Boeing, Lockheed Martin, and HCA Healthcare facilities. Houston’s diversified economy includes energy, healthcare, logistics, manufacturing, and professional services sectors.

Fee simple ownership provides investors with long-term control of the underlying real estate.

Key Highlights

  • 2016‑built industrial/flex facility totaling 24,570 SF
  • Fully occupied, 100% leased single‑tenant asset to Evident Scientific
  • Located on approximately 1.09 acres in Webster, Texas

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Locksmith Garden Center Butcher Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,966
Businesses Nearby
Balanced
Demand for This Use

Demographics for 77598, TX

25,620
Population
13,337
Households
1.9
Avg Household Size
32
Median Age
30%
College-Educated
91%
High-School Grad
12.2 sq mi
ZIP Area
2,100
Density / Sq Mi
$59,758
Median Household Income
$45,190
Median Earnings
$1,279
Median Rent
$228,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Luby's — 20001 Gulf Fwy, Webster, TX 77598
  • Consuelas Kitchen — 200 Water St, Webster, TX 77598
  • Firehouse Subs Webster — 304 W Bay Area Blvd Ste 100, Webster, TX 77598

Frequently Asked Questions

What type of property is this?
Flex space - 2016-built industrial/flex facility fully occupied by Evident Scientific on about 1.09 acres in the Houston MSA.
Where is this flex space located?
The property is located at 110 Magellan Cir Webster, TX.
What are key features of this property?
This property features: 2016‑built industrial/flex facility totaling 24,570 SF; Fully occupied, 100% leased single‑tenant asset to Evident Scientific; Located on approximately 1.09 acres in Webster, Texas
(713) 452-4200 Call to check price and availability
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