Office Suite with Reception and
For Sale
Contact for pricing
28789 Hardin Store Rd, Magnolia, TX 77354
Office Suite #220 includes a reception area, break room with kitchen, private conference room, and multiple offices.
Property Size1,350 SF
Price / SF$243.70
Days on Market177
Property Features for 28789 Hardin Store Rd
General Information
Standard status
Active
Size
1,350 SF
Property subtype
OFFICE
Amenities
reception area
break room with kitchen
private conference room
multiple generously sized offices
Listing Agency:
The Commercial Professionals
(713) 614-2670
Listed By:
Adam Olsen, CCIM · License ##0642075
(713) 614-2670
Source:
Moodyscre
Added: Feb 3
Changed: Jul 28
Last Checked: Jul 30 at 1:52PM
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 The Commercial Professionals
Investment Insights
Based on property information with market context.
Office Suite #220 offers approximately 1,350 square feet of well-designed office space. The layout includes a welcoming reception area, a break room with kitchen, a private conference room, and multiple generously sized offices, providing flexibility for a variety of professional uses.
The suite is positioned along a high-traffic corridor with strong visibility, with convenient access to surrounding residential neighborhoods and key commercial centers.
This offering is for sale and is suited for organizations seeking a ready-to-use, interior office layout with dedicated reception, conference, and private office space.
The suite is positioned along a high-traffic corridor with strong visibility, with convenient access to surrounding residential neighborhoods and key commercial centers.
This offering is for sale and is suited for organizations seeking a ready-to-use, interior office layout with dedicated reception, conference, and private office space.
Key Highlights
- Office Suite #220 offers 1,350 SF of office space
- Layout includes a reception area, break room with kitchen, private conference room, and multiple offices
- Located along a high‑traffic corridor with strong visibility
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.1k | $20.04 |
| − Vacancy | −$6.0k | −$4.41 |
| EGI | $21.1k | $15.63 |
| − OpEx | −$5.3k | −$3.91 |
| NOI | $15.8k | $11.72 |
1,350 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$226.1K
$197.8K – $263.8K
NOI $15,827 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$340.8K
$298.2K – $397.6K
NOI $23,857 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Explore this area
Business Placement
Demographics for 77354, TX
40,625
Population
15,747
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
93%
High-School Grad
74.2 sq mi
ZIP Area
548
Density / Sq Mi
$112,093
Median Household Income
$58,832
Median Earnings
$1,850
Median Rent
$379,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office Suite #220 includes a reception area, break room with kitchen, private conference room, and multiple offices.
Where is this office units located?
The property is located at 28789 Hardin Store Rd Magnolia, TX.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Office Suite #220 offers 1,350 SF of office space; Layout includes a reception area, break room with kitchen, private conference room, and multiple offices; Located along a high‑traffic corridor with strong visibility
