1488 And Ml Crk Rd, Magnolia, TX 77354
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.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.