33204 Magnolia Cir Magnolia, TX 77354
Property Features for 33204 Magnolia Cir
General Information
- Lot size
- 3.93 Acres
Source:
Moodyscre
Listing Agent: Shelly Burke
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Magnolia Industrial Warehouse Investment Opportunity
This single-tenant industrial warehouse, located in Magnolia, TX, offers approximately 38,000 square feet of space across five free-standing metal buildings situated on 3.86 acres. The property is currently occupied by a long-term tenant with a lease extending until March 2030, providing a 7.07% cap rate and annual rent increases, making it a potentially lucrative investment. The property benefits from its proximity to FM 1488, which sees over 40,000 vehicles per day. It is also within walking distance of businesses such as HEB, Marble Slab, Great American Cookie Co, and Hollywood Feed. The three larger buildings (A, B, C) feature 32-foot 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 features two full-sized sand volleyball courts with lights and netting, as well as a separate storage building.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Woodlands Revolution Volleyball ...
Volleyball Club
Houston Skyline The Woodlands
Sports Club
Similar Places Nearby
Spartan Storage, Tall Pines Storage, Magnolia Storage
Location Insight
- Map
- Local Demand
- City
- Magnolia
- County
- Montgomery
- State
- Texas
- Longitude
- -95.58259
- Latitude
- 30.22582
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 38,000 SF industrial warehouse on 3.86 acres in Magnolia, TX.
Where is this warehouse located?
The property is located at 33204 Magnolia Cir Magnolia, TX.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: - Long-term tenant in place until March 2030, providing stable income.; - Attractive 7.07% cap rate, indicating a strong return on investment.; - Annual rent bumps, ensuring increasing revenue stream.