Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1488 And Ml Crk Rd Magnolia, TX 77354

    For Lease
    $38 SF/Yr

    Prime Magnolia, TX Shopping Center - 24,000 SF

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Magnolia Crossing Shopping Center presents a unique opportunity for a single-tenant retail business in the thriving town of Magnolia, Texas. Located at the high-traffic intersection of FM 1488 and Mill Creek Road, this 24,000 square foot shopping center offers unparalleled visibility and accessibility. The entire space is currently vacant, providing a blank canvas for a discerning tenant to create their ideal retail environment. The property is situated in Montgomery County, Texas, within the 77354 zip code, benefiting from a strong local economy and a growing population. This single-tenant occupancy allows for complete customization and control over the space, eliminating the complexities of multi-tenant management. The substantial square footage provides ample room for a large-scale retail operation, warehouse space, or a combination thereof. The strategic location ensures high foot traffic and excellent exposure to potential customers. This is an exceptional opportunity to establish a prominent retail presence in a rapidly developing area of Texas. The property's size and location make it ideal for a variety of retail concepts, from large-format stores to specialized boutiques. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate occupancy.

    Property Features for 1488 And Ml Crk Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF
    Total Rate
    76000

    Unit(s) available at that property

    Space
    Available Space
    Size
    24,000 SF
    Rate per SF
    $45

    HighLights

    • Pre‑leasing opportunity at a regional power center.
    • Seeking regional grocery anchor and junior box tenants.
    • One large big‑box space available.
    • One pad site with drive‑thru potential available.
    • Located in the rapidly expanding Magnolia, TX market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.704185
    Latitude
    30.2288744

    Nearby Similar for Lease

    • $7,442 /Mo
      6,617 SF

      Creative Workspace or Gallery Space

      Modern, finished interiors suitable for creative workspace or gallery.
      32415 Tamina Rd, Magnolia, TX 77354
      View Details
    • $450 /Mo
      2,956 SF

      Magnolia Office Space For Rent

      Office spaces available for rent in Magnolia, Texas.
      18010 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • $12 SF/Yr
      9,000 SF

      Freestanding Building Near SH-249

      9,000 SF building on 0.65 acres with SH-249 access.
      25232 Hardin Store Rd, Magnolia, TX 77354
      View Details
    • $21 SF/Yr
      2,496 SF

      Versatile Flex Space Near FM 1488

      Adaptable 2,496 SF flex space with high visibility.
      402 Honea Egypt Rd, Magnolia, TX 77354
      View Details
    • $16 SF/Yr
      49,076 SF

      Magnolia Business Park Spaces For Lease

      Modern Offices & Warehouses in Texas
      8259 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      5,365 SF

      Magnolia Office/Retail Space For Rent

      Prime Magnolia office or retail space with high visibility.
      6110 Fm 1488 Rd, Magnolia, TX 77354
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Prime Magnolia, TX Shopping Center - 24,000 SF
    Where is this lifestyle center located?
    The property is located at 1488 And Ml Crk Rd Magnolia, TX.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: Pre-leasing opportunity at a regional power center.; Seeking regional grocery anchor and junior box tenants.; One large big-box space available.
    Request Owner's contact information
    1488 And Ml Crk Rd Magnolia, TX 77354
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1488 And Ml Crk Rd
    Magnolia, TX 77354
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1488 And Ml Crk Rd Magnolia, TX 77354
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.