33204 Magnolia Cir Magnolia, TX 77354

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.