14546 Red Crk Cir Magnolia, TX 77354
This exceptional investment opportunity presents a 5,373 square foot auto shop in Magnolia, Texas, boasting a 15-year absolute NNN lease with a strong corporate guarantee. Built in 2023, the property sits on a 1.184-acre lot and enjoys 100% occupancy, generating a substantial NOI of $297,000 and a 6.25% cap rate. The asking price is $4,750,000, translating to $884.05 per square foot. The lease includes annual rent escalations starting in year six, mitigating inflation risk. Located at 14546 Red Crk Cir, Magnolia, TX 77354, this property benefits from a prime location surrounded by numerous national retailers, including HEB, CVS, Starbucks, and more. The thriving community boasts a population exceeding 213,000 within a 5-mile radius and an average household income over $141,000—more than double the national average. The tenant, Christian Brothers Automotive, a rapidly expanding national chain with over 275 locations, provides exceptional stability and growth potential. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term value.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.