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Multi-Tenant Retail Shopping Center
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9511 FM 1488, Magnolia, TX 77354

Fully leased center with five NNN tenants spanning medical, dental, food, and service retail uses.

Property Size20,255 SF
Days on Market7

Property Features for 9511 FM 1488

General Information

Standard status Active
Size 20,255 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type NNN
Net Operating Income $395,038

Additional Details

Anchor Co-Tenants Dollar Tree, Next Level Urgent Care, RA Oracare Dentist, Sweetwaters Coffee & Tea, Galindo Barbershop

Building Details

Year Built 2019
Units 5
Tenancy Multi
Listing Agency: Alison Commercial Group by KW Commercial
Listed By: Imtiaz Ali · License #TX 728721
Source: Crexi
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 9 at 4:38PM

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 Alison Commercial Group by KW Commercial

Investment Insights

Based on property information with market context.

Windcrest Village Square – Phase I is a 20,255-square-foot shopping center completed in 2019 at 9511 FM 1488 in Magnolia, Texas. The property is fully leased to five NNN tenants, with lease expirations staggered through 2036. The tenant roster includes Dollar Tree, Next Level Urgent Care, RA Oracare Dentist, Sweetwaters Coffee & Tea, and Galindo Barbershop, creating a mix of medical, dental, food, and service retail uses.

The center is positioned along FM 1488, approximately 15 minutes from The Woodlands. The surrounding three-mile area has an average household income exceeding $150,000, while Magnolia’s population increased 147% from 2020 to 2024. Master-planned community development is identified as a driver of that growth. The property is 100% leased and offers an established multi-tenant retail configuration with lease terms extending through 2036.

Key Highlights

  • 20,255 SF shopping center completed in 2019
  • 100% leased to five NNN tenants
  • Lease expirations are staggered through 2036

Property Analytics

Current Use

Galindo's Barbershop Magnolia Barber Shop Dollar Tree Discount Store Sweetwaters Coffee & Tea Cafe & Coffee Shop Windcrest Village Square Business Service Center Revolution Aesthetics and Wellness Spa & Massage Center

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Dental Office Hair Salon Auto Parts Store HVAC Service

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

311
Businesses Nearby
38k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 45%
Dollar Tree Shops & Services
9,043 visits/mo 0.1 miles
Jack in the Box Dining
8,964 visits/mo 0.1 miles
Las Fuentes Dining
7,057 visits/mo 0.5 miles
Valero Energy Shops & Services
6,280 visits/mo 0.3 miles
AutoZone Shops & Services
3,138 visits/mo 0.1 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased center with five NNN tenants spanning medical, dental, food, and service retail uses.
Where is this shopping center located?
The property is located at 9511 FM 1488 Magnolia, TX.
What are key features of this property?
This property features: 20,255 SF shopping center completed in 2019; 100% leased to five NNN tenants; Lease expirations are staggered through 2036
More about this property
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